Piccadily Agro: Stock Rises on Whiskey Expansion

  Published 1 year ago

Piccadily Agro Industries (PICA.BO) shares rose ~2% to 576 rupees, potentially ending a three-day losing streak. The company plans to produce 1 million cases of its "Whistler" whiskey within three years, a key brand contributing to 43% of FY25 revenue. Despite this, the stock is down 37% YTD.

  • Stock up ~2%, halting decline.
  • Targets 1M cases of 'Whistler' whiskey.
  • 'Whistler' brand is crucial to revenue.

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