03 Dec 2025

Monika Alcobev shares rise amid partnership announcement with Jinro

Monika Alcobev is currently trading at RS 292.90, up by 4.00 points or 1.38% from its previous closing price of RS 288.90 on the BSE.

The stock opened at RS 290.00 and has touched a high of RS 293.00 and a low of RS 287.50 so far. A total of 6000 shares have been traded on the counter today.

The BSE group ‘M’ stock with a face value of RS 10 has recorded a 52-week high of RS 345.20 on 04-Aug-2025 and a 52-week low of RS 267.00 on 14-Nov-2025.

During the last one week, the scrip has seen a high of RS 311.00 and a low of RS 284.95. The current market capitalization of the company stands at RS 628.27 crore.

Promoters hold 62.10% stake in the company, whereas Institutions and Non-Institutions hold 13.93% and 23.97% respectively.

Monika Alcobev has recently formed a partnership with Jinro, the world’s bestselling spirit brand and South Korea’s most iconic Soju. Under this collaboration, Monika Alcobev will manage import, distribution, and marketing operations across major Indian cities—strengthening the company’s leadership in premium alcobev distribution.

The launch aligns with the growing influence of Korean culture in India, where Korean food, K-pop and social trends are gaining significant popularity. Soju is rapidly emerging as one of the fastest-growing premium spirit categories in the market.

The rollout will begin in key metropolitan areas including Delhi, Haryana, Chandigarh, Uttar Pradesh, Mumbai, Bengaluru, Hyderabad and Goa, with expansion planned into Tier 1 and Tier 2 cities. The launch will be supported by immersive cultural experiences, bar programs, and collaborative events.

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