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Tilakangar Industries soars on entering into MoU with Three Stills

The company has entered into a MOU with the Three Stills to explore opportunities to distribute scotch whisky in India.

Tilakangar Industries soars on entering into MoU with Three Stills

SI Reporter Mumbai
Tilaknagar Industries has soared 20% to Rs 27.70 on the BSE in intra-day after the company announced that it has entered into a MOU with Three Stills Company to explore opportunities to distribute scotch whisky in India.

Tilaknagar Industries is a leading manufacturer of liquor across the major categories - whisky, brandy, rum, vodka and gin. The company has a market leading position in the southern and western parts of India.

At 12:23 PM, the stock was up 16% at Rs 26.85 on the BSE. The trading volumes on the counter jumped an over 10-fold with a combined 3.94 million shares changed hands on the BSE and NSE so far.
 
 

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First Published: Nov 03 2015 | 12:26 PM IST

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