Financial Daily
from THE HINDU group of publications
Thursday, July 05, 2001
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Financial Daily from THE HINDU group of publications Thursday, July 05, 2001 |
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Skol Brew: Merger before merger
THE proposed merger of Skol Breweries and Haryana Breweries may not have any influence on the stock prices. The latter was last traded in 1998 and the former is also sporadically traded.
This merger is also on the heels of a merger of Skol Breweries with Charminar Breweries. Though these mergers may raise the scale of operations, the scope for any improvement in trading activity as well as stock price level appears remote. -- BL Research
Bureau
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