Stock of Interest

Posted On: September 27, 2023

Stock Report: SDBL(NSE) 26 Sep 2023

Som Distilleries Breweries & Wineries Ltd is engaged in the brewing, bottling, canning, and blending of alcoholic beverages: beer and Indian-made foreign liquor (IMFL). The company is based in India and has established a sales and distribution network within the country. The product portfolio consists of beer, rum, brandy, vodka, and whiskey. The core brands include Hunter Beer, Woodpecker Beer, Black Fort, and other brands such as Legend, Genius, Sunny, Gypsy, and Blue Chip. Substantial revenue is derived from the sales of beer. Some export products to Africa, America, Asia, and the Middle East regions.

#xCalData predicts that # SDBL will continue its bullish phase over the next five days and trend within the range of 317 to 351. 

In comparison to the previous month, the price of the stock has experienced an increase of 4.68% indicating a bullish. 

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. Only some of the technical indicators namely Coppock Curve indicate Bearish view. 

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

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData