Northern Spirits Ltd to distribute brands from Italy

Northern Spirits Limited has secured the exclusive right to distribute brands of Famiglia Berta Wines Since 1942 & Bespoke Distillery Srl which are the brands of the country Italy. The Company will hold the pan India distribution rights for these brands, focusing on the premium category space of Gin, Liquors and Wines. The premium liquor space in lndia is growing at a much faster pace than the regular range. This strategic move aims to enhance brand equity and strengthen the bottom line over the long term.

Shares of Northern Spirits Ltd was last trading in BSE at Rs. 282.75 as compared to the previous close of Rs. 287.40. The total number of shares traded during the day was 85500 in over 126 trades.

The stock hit an intraday high of Rs. 294.00 and intraday low of 280.00. The net turnover during the day was Rs. 24412825.00.

Source : Equity Bulls

Keywords

NorthernSpirits INE01BL01012 Brands Distribution FamigliaBertaWines BespokeDistillery