500% return in five years! Brewery stock Asgard Alcobev jumps 3% despite weak trends on Dalal Street

Asgard Alcobev’s share price surged over 7% despite market downturns, reaching ₹53.90. The stock has seen a 519% increase over five years but is 40% below its 52-week high. The company recently acquired a 78.90% stake in CMJ Breweries to enhance its market presence.