Tilaknagar is today's "officer's choice"
By
Research Desk
about 11 years ago
Tilaknagar Industries is doing well today morning, up 9.3% at Rs.62.85, with an intra day high at Rs.65.20. Volumes are pretty robust at over 2 lakh shares being traded in the morning sessions alone.
The stock is buzzing today on news that the company is close to completing a merger deal with Kishore Chhabria owned ABD, which is India’s third largest distiller, selling the brand, Officer's Choice. The details of the deal are not yet known but the news is that Chhabria’s company will own the majority stake.