Alcohol stocks in limelight, jump up to 10%; United Spirits at record high

Pioneer Distilleries, Tilaknagar Industries, IFB Agro Industries, Khoday India, GM Breweries, Som Distilleries and United Breweries were rallied by upto 10% on the BSE in intra-day today.

Shares of breweries & distilleries companies were in demand in an otherwise subdued market with United Spirits at record high on Friday on improved growth outlook. Pioneer Distilleries and Tilaknagar Industries also registered their respective 52-week highs, surging up to 10 per cent on the BSE in intra-day trades.

IFB Agro Industries, Khoday India, GM Breweries, Som Distilleries and United Breweries were trading 2 per cent to 4 per cent higher on the BSE. In comparison, the S&P BSE Sensex was down 0.19 per cent at 59,868 points at 11:57 am.

Among the individual stocks, United Spirits hit