SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tilaknagar Industries surges on getting nod to invest Rs 1 crore in Incredible Spirits

28 Oct 2022 Evaluate

Tilaknagar Industries is currently trading at Rs. 94.55, up by 1.25 points or 1.34% from its previous closing of Rs. 93.30 on the BSE.

The scrip opened at Rs. 95.25 and has touched a high and low of Rs. 96.00 and Rs. 94.25 respectively. So far 11932 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 109.70 on 07-Oct-2022 and a 52 week low of Rs. 50.75 on 16-May-2022.

Last one week high and low of the scrip stood at Rs. 99.00 and Rs. 92.15 respectively. The current market cap of the company is Rs. 1624.26 crore.

The promoters holding in the company stood at 42.92%, while Institutions and Non-Institutions held 1.92% and 55.16% respectively.

Tilaknagar Industries has received an approval for investment not exceeding Rs 1 crore in Incredible Spirits (ISPL). ISPL is presently developing a Ready-to-Drink (RTD) Alcoholic Shots drink. The investment of Rs 1 crore will be made in the Equity shares of ISPL. Post the investment in the Equity shares, Tilaknagar Industries shall hold 19.50 % in ISPL. With this investment, Company plans to inorganically have a presence in a new vertical of convenience-based, disruptive alcobev products. The Finance Committee of the Company at its Meeting held on October 27, 2022, has inter-alia considered and approved the same.

Tilaknagar Industries is a leading manufacturer of liquor across the major categories - Whisky, Brandy, Rum, Vodka and Gin. The company has a leading market position in the southern and western parts of India.


Tilaknagar Inds Share Price

459.90 -9.25 (-1.97%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
United Spirits 1281.10
United Breweries 1421.10
Radico Khaitan 3475.75
India Glycols 1152.65
Allied Blenders 591.65
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×