Country spirit rates hiked by IFB Agro Industries in West Bengal
DSIJ Intelligence / 12 Aug 2017
In West Bengal, vide an excise order, the wholesale and retail margins for packaged country spirit have been amended at 4% and 8% of the declared MRP across all brands and pack sizes.
In West Bengal, vide an excise order, the wholesale and retail margins for packaged country spirit have been amended at 4% and 8% of the declared MRP across all brands and pack sizes. The information was made available by IFB Agro Industries Limited, which has now raised the prices of its IMIL brands with effect from August 10, 2017.
IFB Agro Industries sells all its IMIL brands to West Bengal State Beverages Corporation Ltd. In the wake of this news, the company’s stock entered into the positive zone on Friday, gaining 0.99% at Rs 397.35 per share. On the NSE the stock traded a volume of 5,757 shares with value of Rs 22.80 lakhs.
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