Som Distilleries Achieves 52-Week High Amid Broader Market Decline

Som Distilleries & Breweries has made headlines today as its stock price reached a new 52-week high of Rs. 165, marking a significant milestone for the small-cap beverage company. This achievement comes after a strong performance over the past four days, during which the stock has gained 8.07%. Notably, it has outperformed its sector by 4.24% today, reflecting its robust market position.
The stock's intraday high of Rs. 165 represents a 5.43% increase from the previous close, indicating positive momentum. Additionally, Som Distilleries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in its price performance.

In contrast, the broader market has faced challenges, with the Sensex experiencing a decline of 807.83 points, or 0.91%, after a flat opening. Despite this, Som Distilleries has shown resilience, with a remarkable one-year performance of 32.52%, significantly outpacing the Sensex's 6.73% gain during the same period. The stock's 52-week low stands at Rs. 96, highlighting its substantial recovery and growth trajectory.