Posted On: August 19, 2023

Stock Report: SDBL (NSE) 17 Aug 2023 

Outlook: BULLISH

Sector: Consumer Defensive    

Industry: Beverages Brewers  

Som Distilleries & Breweries Limited, a company established in 1993 and headquartered in India, has grown to prominence as a significant player in the industry. With a dedicated workforce of 153 employees as of 2022, the company has showcased its commitment to excellence and innovation. Under its umbrella, Som Distilleries & Breweries Limited has managed subsidiaries such as Woodpecker Distilleries & Breweries Private Limited, further expanding its influence. The company’s stock, traded under the symbol SDBL on the National Stock Exchange (NSE), reflects its presence and impact in the market. With a history dating back to 1993, Som Distilleries & Breweries Limited continues to make strides in the distilleries and breweries sector, leaving an indelible mark on the business landscape. 

#xCalData predicts that #SDBL will continue its bearish phase over the next five days and trend within the range of 313 to 336. 

In comparison to the previous month, the price of the stock has experienced a increase of 8.57% indicating a bearish.     

The Stock has doubled once since 26 Mar 2015 and took an average of 8.1 years to double.      

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 3 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum. Some of the technical indicator namely MFI, Aroon indicates Bearish view. 

Collectively, xCalData suggests the stock would be in Bearish zone for next 5 days. 

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