600 per cent return: Multibagger Small cap stock rides high on Promoters' skin in the game and stellar earnings, hitting a fresh 52-week high!

Shares of the company gained about 10 per cent on Monday.

On Monday, Som Distilleries and Breweries Limited informed in the exchange filing about the company’s overwhelming growth in the beer industry of Madhya Pradesh solidifying its position as the unrivaled leader in the industry with a market share of nearly 42% in the month of May 2023. The company has successfully surpassed all competitors, establishing itself as the go-to brand for beer enthusiasts. 
Som Distilleries and Breweries Limited posted strong financial performance in Q4FY23, the quarterly revenue of the company grew by 79.44 on a YoY basis and the PAT of the company zoomed by more than 148.31 per cent YoY basis. However, the latest insider trading data of the company shows that the promoter of the company is continuously buying shares of the company and increasing its stake very aggressively.   
The stock has also delivered multibagger returns to its shareholders in the last one year. During this period, the company’s share price jumped from Rs 63.45 on May 06, 2022, to Rs 253.70 on June 05, 2023, an increase of more than 270 per cent. In last years, the stock has delivered about 600 per cent returns. The company has recently completed Rs 100 crore capex and, is expecting a Rs 1,300 crore annual sales.
Som Distilleries & Breweries is one of the leading alcoholic beverages manufacturers in India engaged in the manufacturing and sale of Beer and Indian Made Foreign Liquor (IMFL).  

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