Monika Alcobev Shares Rise on Partnership with Jinro

Mumbai, December 2 (Udaipur Kiran): Monika Alcobev was trading at Rs. 292.90 on the BSE, up by 4.00 points or 1.38 per cent from its previous close of Rs. 288.90.

Monika Alcobev

The stock opened at Rs. 290.00 and touched a high of Rs. 293.00 and a low of Rs. 287.50 during the session. So far, 6,000 shares have been traded on the counter.

The BSE Group ‘M’ stock, with a face value of Rs. 10, touched its 52-week high of Rs. 345.20 on August 4, 2025, and a 52-week low of Rs. 267.00 on November 14, 2025. Over the past one week, the stock has traded between Rs. 284.95 and Rs. 311.00. The company’s current market capitalisation stands at Rs. 628.27 crore.

Promoters hold 62.10 per cent stake in the company, while institutional and non-institutional investors hold 13.93 per cent and 23.97 per cent respectively.

Monika Alcobev has entered into a partnership with Jinro, the world’s bestselling spirit brand and South Korea’s iconic soju brand. Under the collaboration, Monika Alcobev will take full responsibility for the import, distribution and marketing of Jinro across major Indian cities. The partnership is aimed at long-term brand building and premium category development in the Indian market.

The rollout of Jinro will begin in key metros including Delhi, Haryana, Chandigarh, Uttar Pradesh, Mumbai, Bengaluru, Hyderabad and Goa, followed by a phased expansion into Tier 1 and Tier 2 cities. The launch will be supported by Monika Alcobev’s national distribution network, along with brand activations and bar programmes.

Monika Alcobev is engaged in the sales, marketing and distribution of premium wines and spirits in the domestic and international markets.

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