Liquor stocks in focus; United Spirits, Pioneer Distilleries hit 52-wk high

United Breweries, Pioneer Distilleries, Globus Spirits, United Sprits and GM Breweries rallied up to 11 per cent on the BSE in intra-day trade on Wednesday

Shares of breweries & distilleries' companies were in focus on Wednesday with United Breweries (UBL), Pioneer Distilleries, Globus Spirits, United Sprits and GM Breweries ralling up to 11 per cent on the BSE in the intra-day trade on a faster volume recovery as multiple states started imposing lockdowns. In comparison, the S&P BSE Sensex was up 0.31 per cent at 55,967 points at 12:25 pm.

Among individual stocks, Pioneer Distilleries hit a fresh 52-week high of Rs 143.90, surging 11 per cent today on the back of heavy volumes. Meanwhile, UBL was up 7 per cent at Rs 1,509.60,