Manpasand Beverages Share Price Surges 6% Intraday

Abhishek Singh, Director of Manpasand Beverages is planning to appoint more distributors and enroll more outlets in the days to come. Manpasand Beverages pays their retailers a margin of 5-7 per cent more than the competitors. Recently while speaking to the media Singh said that they faced problems because of demonetization for the first 10-15 days. He further said that the company will set up 4 new plants, which will be operational in the next one and a half years. However, the company will maintain margins and sales growth at current levels, he said.

A recent survey of the market showed that retailers were happy to get associated with them because they were getting a good margin. So they will only support those firms which were paying them better margins. Meanwhile, Manpasand Beverages share price surged 6 per cent intraday on 30^th December, 2016, on the National Stock Exchange (NSE).

To Read More: https://www.dynamiclevels.com/en/current-news/manpasand-beverages-share-price-161230124921