Globus Spirits gains 4% after launching first single malt whisky, shares rise 51% in 1 month

New Delhi: Shares of liquor giant Globus Spirits saw a huge surge on Tuesday. Today, its shares have jumped 4 percent from its previous close. This surge in shares has come after the launch of the company’s first single malt whisky. The DAAB India Craft Whiskey launched by the company is being considered an important step in a new direction for its expansion in the luxury segment of the whisky market.

The company launched DAAB India Craft Whiskey

The company informed in a press release that DAAB India Craft Whiskey is a range of limited edition Indian whiskey, which has been created as an experiment. The company further said that our aim is to constantly introduce new limited editions in the Indian whiskey market. This range is designed for India which is ready to adopt new trends.

Globus Spirits shares jump 4 percent

On Tuesday, Globus Spirits shares opened at Rs 1,369.75, showing a gain of 4 per cent from its previous close of Rs 1316. This stock has performed well during the last one month, giving investors a return of 51 per cent during this period. At the same time, Globus Spirits shares have gained 84 per cent in 6 months.

However, in one year, investors have got a good return of 46 per cent. Talking about the long term, it has given a profit of more than 900 per cent in 5 years

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