Tilaknagar Industries rises on distillery buyout

Shares of Tilaknagar Industries rose over 5 percent after the company on Monday said it has bought a Goa-based distillery Kesarval Springs Distillers which has a bottling capacity of 15,000 cases a month, two dealers said.

Shares of Tilaknagar Industries rose over 5 percent after the company on Monday said it has bought a Goa-based distillery Kesarval Springs Distillers which has a bottling capacity of 15,000 cases a month, two dealers said.

At 11:32 a.m., the stock was up 3.22 percent at 118.50 rupees.
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