Tilaknagar Industries trades in green on the BSE

11 Oct 2012 Evaluate

Tilaknagar Industries is currently trading at Rs. 54.75, up by 1.00 points or 1.86% from its previous closing of Rs. 53.75 on the BSE.

The scrip opened at Rs. 54.15 and has touched a high and low of Rs. 55.00 and Rs. 53.45 respectively. So far 9602 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 64.00 on 15-Mar-2012 and a 52 week low of Rs. 27.70 on 21-Nov-2011.

Last one week high and low of the scrip stood at Rs. 56.15 and Rs. 53.45 respectively. The current market cap of the company is Rs. 660.58 crore.

The promoters holding in the company stood at 56.64% while Institutions and Non-Institutions held 18.18% and 25.19% respectively.

Credit rating agency, CARE has reaffirmed BBB+ rating to Tilaknagar Industries’ long term loans worth Rs 88.12 crore and long term bank facilities worth Rs 310.00 crore. The rating agency has also reaffirmed A3 rating to the company’s short-term bank facilities worth Rs 60.00 crore.

The company has received the said rating reaffirmation on the back of its experienced promoters and established marketing network for its well known brands having strong presence in Southern India. However, the ratings are constrained by the company’s support to its subsidiaries/group companies by way of investment in equity, loans and advances and corporate guarantees extended.

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.

Tilaknagar Inds Share Price

412.05 -7.05 (-1.68%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
United Spirits 1545.75
United Breweries 2027.15
Radico Khaitan 2483.85
Allied Blenders 386.90
Globus Spirits 880.45
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