Page 2 - Gm Breweries News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The brewery stock gave a breakout from a 1-year-long consolidation earlier in September, which opened room for the stock to head towards Rs 700 levels. The neckline of the breakout was placed around Rs 650 levels. It consolidated in a narrow range where Rs 650 on the higher side acted as resistance while on the downside support was seen above Rs 500 levels on the daily charts

The Board of Directors of G M Breweries Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023.

GM Breweries shares price: The counter's 14-day relative strength index (RSI) came at 54.10. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-equity (P/E) ratio of 10.21. It has a price-to-book (P/B) value of 1.73.

The board of directors of G M Breweries Ltd has recommended a final dividend of Rs.6 per equity share of Rs.10 for the year ended March 31, 2O23.

The Board of Directors of G M Breweries Limited, at its meeting held today have approved the financial results of the company for the period ended December 31, 2022 - Q3FY23 and 9MFY23.