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Tilaknagar Ind soars on buying bottling unit

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SI Reporter Mumbai
Last Updated : Jan 21 2013 | 12:40 AM IST

Tilaknagar Industries has moved up 8% to Rs 31.50 after the company acquired a bottling unit in Punjab.

“The company has acquired 100% stake in Punjab Expo Breveries Pvt Ltd, a bottling unit situated at Derabassi, Punjab on October 01, 2011,” the breweries and distilleries manufacturing company said in a filing to the stock exchanges.

The trading volumes on the counter more than doubled, with 733,797 shares changing hands so far against an average around 350,000 shares traded daily in the past two weeks.

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First Published: Oct 05 2011 | 1:11 PM IST

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