GM Breweries, Sula Vineyards shares jump up to 17% despite Maharashtra excise policy; Here’s why

Shares of GM Breweries Ltd. and Sula Vineyards Ltd. surged up to 13% on Wednesday, June 11, even as those of its peers like United Spirits and Allied Blenders fell as much as 6% after the state government of Maharashtra hiked excise duty on Indian Ma…

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