Mount Shivalik Industries is currently trading at Rs. 33.30, up by 1.35 points or 4.23% from its previous closing of Rs. 31.95 on the BSE.
The scrip opened at Rs. 33.50 and has touched a high and low of Rs. 33.90 and Rs. 32.50 respectively. So far 2,536 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 49.30 on 22-Aug-2012 and a 52 week low of Rs. 19.00 on 04-Jun-2012.
Last one week high and low of the scrip stood at Rs. 32.25 and Rs. 27.60 respectively. The current market cap of the company is Rs. 20.00 crore.
The promoters holding in the company stood at 46.86% while Institutions and Non-Institutions held 0.02% and 53.13% respectively.
Mount Shivalik Industries, as a strategic initiative, has entered into a contract brewing arrangement with Molson Coors Cobra India (MCC India), a subsidiary of Molson Coors Brewing Corporation, USA, pursuant to which MCC India has agreed to contract manufacture beer products for the company in the State of Bihar.
In connection with this contract, MCC India has placed a security deposit with the company. Further, the company believes that this contract arrangement with MCC India will help in consolidating and expanding its market share in Eastern India.
Mount Shivalik Industries is engaged in the business of manufacturing and marketing beer. The company, earlier known as Shivalik Packaging, got its present name on December 31, 1995. It is part of the Delhi-based Mount Shivalik group promoted by the Bali family, pioneers in the brewery business since the 1970s. The group has also entered the hospitality business with pubs, motels, beer gardens, and highway restaurants.
| Company Name | CMP |
|---|---|
| United Spirits | 1500.90 |
| United Breweries | 1860.05 |
| Radico Khaitan | 2288.35 |
| Allied Blenders | 314.90 |
| Globus Spirits | 819.05 |
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