Why is Globus Spirits share price falling?

Despite a recent drop to an intraday low of Rs 1059, the stock remains above its moving averages across various timeframes, indicating a bullish trend. However, there is a noted decline in investor participation, with delivery volume decreasing by 4.08% against the five-day average.

Who is the owner of Globus Spirits?

Ajay Kumar Swarup Ajay Kumar Swarup Swarup founded Associated Distilleries Limited in 1983 and then subsequently went on to establish Globus Spirits Limited in 1993.

What is the old name of Globus Spirits?

Globus Spirits Limited was formerly incorporated on February 16, 1993 as Globus Agronics Limited. The name of the Company was changed from Globus Agronics Ltd to Globus Spirits Ltd with effect from January 23, 2007. The Company is one of the leading players in the Alcohol industry in North India.

Why globus spirits?

Since we manufacture our alcohol in-house, we are able to maintain greater control over product cost and quality, allowing the value-oriented consumer direct access to best-in-class high-quality liquor.

Manufacturing Segment · Distillery Products · Grain Neutral Alcohol Bioethanol Special Denatured Spirit Technical Alcohol Fusel Oil …
Recognized as amongst the world’s best whisky in prestigious Icons of Whisky International awards amongst 550+entrants.
Our fully integrated plants facilitate the production of Ethanol, Rectified Spirit, Grain Neutral Alcohol (ENA), Value-priced Spirits, and Premium Spirits.
Its alcoholic beverages include whisky, brandy, vodka, rum, and gin. Globus Spirits markets products under County Club, French Castle, Ghoomar, Heer Ranjha, …
Globus Spirits Limited, a leading liquor manufacturer has launched their Single Malt Whisky, DŌAAB India Craft, a contemporary range of limited-edition Indian …