Sula Vineyards' Stock Surges 4% on Strong Q2 Results | Stock Market News

Zee Business Video Team | Updated: October 12, 2023 02:12 PM IST

Sula Vineyards, the largest wine producer in India, saw its stock price rise by around 4% after the company reported strong Q2FY24 sales results. Revenue growth from Sula's own brands rose by 14% YoY, while its wine tourism business grew by 26% YoY. The company also expanded its iconic Nasik Winery Tasting Room to keep up with the continuing surge in visitor numbers.



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