Globus Spirits Ltd to restart Bihar facility

Pursuant to order passed by the Hon’ble High Court of Patna vide dated March 7, 2018 and dated May 3, 2017, the prohibition, excise and registration department, Govt. of Bihar, vide their notification through official gazette dated March 16, 2018, has laid down certain conditions for issuance of distillery license to the company and allowed manufacture of ENA within the state of Bihar and to be sold / exported out side the state of Bihar in accordance with the provision of law and the company is now taking the necessary steps to restart its Bihar facility.

Shares of GLOBUS SPIRITS LTD. was last trading in BSE at Rs.124.6 as compared to the previous close of Rs. 122.5. The total number of shares traded during the day was 2730 in over 56 trades.

The stock hit an intraday high of Rs. 124.85 and intraday low of 121.45. The net turnover during the day was Rs. 336535.

Courtesy: EquityBulls