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Liquor stocks see selling pressure, tumble up to 7.3%.

Liquor stocks see selling pressure, tumble up to 7.3%.

Monday, April 10, 2017, 7:51 PM

Stock prices of breweries and distilleries plummeted by up to 7.3% after MP CM Shivraj Singh Chouhan announced that all liquor shops would be closed across the state in a phased manner. Shares of Radico Khaitan tumbled 7.30%, United Spirits tanked 6.59%, Associated Alcohols & Breweries fell by 5%, Globus Spirits (4.90%), Tilaknagar Industries (4.70%), Empee Distilleries (2.35%) and Pincon Spirit (2.08%) on BSE.
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