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Sula Vineyards shares fall 8% amid reports Verlinvest sold entire stake, company issues clarification

Shares of Sula Vineyards Ltd slipped over 8% today amid reports of a block deal wherein 12% equity changed hands. Shareholder Verlinvest sold its entire 8.34% stake in the Nashik-based wine maker, according to reports. However, Sula Vineyards issued a statement to bourses about a report on stake sale. ....

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Sula Vineyards Q3 results: Net profit rises to ₹24.98 crore on strong demand

Sula Vineyards, India s biggest wine manufacturer, reported a more than 9% rise in third-quarter profit on Tuesday, helped by increased demand for its premium brands and wine tourism business ....

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