Som Distilleries shares jump 14% as ace investor Prashant Jain buys 25 lakh shares in Q1. What is he seeing?

Shares of Som Distilleries surged after veteran investor Prashant Jain acquired a 1.22% stake in the company during the June quarter, according to the latest shareholding data. The investment boosted investor sentiment despite the liquor maker reporting weak earnings in the previous quarter.