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Liquor company shares fall after SC ruling

Liquor company shares fall after SC ruling

Monday, April 3, 2017, 3:13 PM

Shares of liquor stocks were trading lower on Monday after the SC said there will be no sale of liquor in hotels and restaurants or outlets within 500metres of state and national highways. United Spirits fell 7.9%, Pioneer Distilleries 1.1%, Globus Spirits 2.2%, Empee Distilleries 5.5%, GM Breweries 1%, Tilaknagar Industries 2.1%, Radico Khaitan 5.6%, Pincon Spirit 1.6% and United Breweries was down 1.2%.
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