Previous close | 126.32 |
Open | 125.60 |
Bid | 126.15 x 0 |
Ask | 128.40 x 0 |
Day's range | 125.60 - 127.75 |
52-week range | 122.10 - 202.20 |
Volume | |
Avg. volume | 210,222 |
Market cap | 32.174B |
Beta (5Y monthly) | 0.51 |
PE ratio (TTM) | 13.69 |
EPS (TTM) | 9.31 |
Earnings date | 29 Aug 2024 |
Forward dividend & yield | 4.70 (2.82%) |
Ex-dividend date | 24 Nov 2023 |
1y target est | N/A |
NEW DELHI (Reuters) -Pernod Ricard's latest attempt to obtain a licence to sell alcohol in India's capital has been rejected, with New Delhi authorities citing investigations into suspected violations of the city's liquor policy, an excise department order shows. The rejection adds to Pernod's India woes, with the French drinks group facing two antitrust cases in India while it also contests a tax demand for nearly $250 million for alleged undervaluation of imports. Pernod's brands, including Chivas Regal and Absolut vodka, have not been available in the city since late 2022 after a previous licence application was rejected in April last year.
Pernod Ricard is selling most of its wine brands, as wine consumption is falling globally, and will instead focus on growing its champagne and premium spirits labels, including in the United States.
Paris-based company will focus on spirits such as Absolut and Beefeater as well as champagne