GM Breweries surges to 52-week high on Q2 earnings
Shares of GM Breweries surged 17.4% to ₹896.90 on Thursday after the company posted outstanding second-quarter results. Profit for the period surged 61% to ₹34.89 crore, compared to ₹21.67 crore last year. Total revenue from operations rose 20% to ₹717.85 crore. Margins saw healthy growth at 24.9%.