'Indri' maker Piccadily Agro's Shares Tank Over 40% To Date

Mumbai: Shares of Piccadily Agro Industries Limited, the Haryana-based distillery best known for its award-winning 'Indri' single malt whisky, have nosedived more than 40 per cent so far this year.

On Monday, the company’s share price further dropped by 1.67 per cent, or Rs9.70, during the intra-day trade, adding to the downward momentum. While the shares had shown some short-term recovery -- rising 1.82 per cent over the past five trading days and gaining 7.31 per cent over the last month -- the longer-term picture remains bleak. In the past six months, the stock has fallen by 24.21 per cent or Rs182.35, and it is down 24.26 per cent over the past year. Since the start of 2025, shares have declined by a steep 40.21 per cent, or Rs384, highlighting sustained investor concerns.