Sula is well placed to leverage the global consumer shift towards the low-alcohol beverage segment - beer and wine, the report stated.
Landmark Cars hit a new high of Rs 622.45, surging 44% from its December low of Rs 433.20, while Sula Vineyards rallied 40% from its low of Rs 305.35.
The company said it recorded highest-ever quarterly gross billings overall, both for its own brands as well as wine tourism revenues in Q3FY23.
Post listing; the stock price of Sula Vineyards slipped to Rs 345.85, a 3 per cent discount to its issue price of Rs 357 per share on the BSE.
Stocks to Watch Today: Shares of Sula Vineyards likely to list on a tepid note on Thursday.