Tilaknagar Industries is currently trading at Rs. 54.30, up by 1.40 points or 2.65% from its previous closing of Rs. 52.90 on the BSE.
The scrip opened at Rs. 54.50 and has touched a high and low of Rs. 55.45 and Rs. 54.25 respectively. So far 293629 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 85.00 on 31-Jan-2013 and a 52 week low of Rs. 44.85 on 05-Aug-2013.
Last one week high and low of the scrip stood at Rs. 58.25 and Rs. 52.55 respectively. The current market cap of the company is Rs. 673.37 crore.
The promoters holding in the company stood at 55.65% while Institutions and Non-Institutions held 19.43% and 24.92% respectively.
In a bid to reduce its debt, Tilaknagar Industries is in talks with Kishore Chhabria-led Allied Blenders and Distillers (ABD) to sell majority of its stake in the company. Tilaknagar Industries has a total debt of Rs 677 crore for the fiscal year ended March 2013.
Tilaknagar Industries is one of the renowned Indian Made Foreign Liquor players including whisky, brandy, gin, rum and vodka with presence across India. The company manufactures markets and sells more than 40 brands across all price points.
