New Delhi, Feb. 18 -- Brewery stock Asgard Alcobev share price soared over 7% in intra-day deals on Wednesday, February 18 despite broader weak sentiment on Dalal Street.
The SME stock rallied as much as 7.2% to its day's high of Rs.53.90 on BSE. However, Indian benchmark indices Sensex and Nifty 50 has lost around 0.3% each in intra-day deals today on the back of weak global trends as well as AI-led disruption in tech stocks.
The stock has been under pressure, cracking 39% in the last 1 year. However, more recently, it has rebounded, rising 18% in past 3 months and 10% in last 1 month.
Meanwhile, it has given multibagger returns in the long term, surging 519% in past 5 years.
The multibagger SME stock remains over 40% away from its 5...
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