Introduction:
India’s leading brandy manufacturer has ventured into the luxury segment with the launch of Monarch Legacy Edition. This premium brandy blends French and Indian grape spirits, aged up to eight years, offering a unique confluence of flavors and expertise.
Also Read: EV stock jumps 3% after it expands in Sri Lankan market by launching its flagship EV motorcycles
Share price movement of Tilaknagar Industries:
On November 28, 2024, Tilaknagar Industries Ltd. (TI) opened at ₹410.10, up 0.42% from ₹411.30. The stock reached a high of ₹427.50 (3.94%) and a low of ₹406.30. By 4:00 PM, it traded at ₹417.80, a 1.58% increase, with a market cap of ₹8,061.72 crore.
Tilaknagar launches luxury brandy:
Tilaknagar Industries Ltd. (TI), India’s leading brandy manufacturer, has entered the luxury brandy market with the launch of Monarch Legacy Edition. The new brandy marks a significant milestone in the company’s 90-year history, blending French and Indian grape spirits.
Monarch Legacy Edition features a unique blend of French and Indian grape spirits, aged up to eight years. Distilled in coal-fired copper pot stills, this premium brandy showcases a confluence of French expertise and India’s rich distilling tradition, particularly from Maharashtra.
The brandy’s aging process in French oak casks enhances its rich, complex flavors, combining dried fruits and spice with a nuanced depth. Monarch’s distinct taste, shaped by Maharashtra’s warm climate, offers a refreshing addition to India’s luxury spirit offerings.
Recent news on Tilaknagar Industries:
As of Nov 25, 2024, Tilaknagar Industries (TI) reached a 52-week high, marking a 41.77% increase over the past year. The stock has outperformed the breweries and distilleries sector, demonstrating strong upward momentum and market confidence.
Ace investor holding in Tilaknagar Industries:
Amit Roy Sharma
Amit Roy Sharma holds a 1.41% stake in Tilaknagar Industries, owning 2,727,000 shares valued at ₹113.9 crore. This significant holding underscores his confidence in the company’s performance and growth potential within the spirits industry.
A. Jaipal Reddy
A. Jaipal Reddy holds a 1.37% stake in Tilaknagar Industries, owning 2,640,000 shares valued at ₹110.2 crore. This investment highlights his strong belief in the company’s growth prospects within the Indian spirits market.
Stock performance of Tilaknagar Industries for Period of 1 week, 6 months and 1 year:
Tilaknagar Industries has shown impressive performance with a 21.5% return over the past week, 81.7% over six months, and 62.8% over the past year, reflecting strong growth and investor confidence in the company’s future prospects.
Also Read: Navratna stock jumps 5% after it signs MoU with NBCC for 10 acres of land parcel development
Shareholding pattern of Tilaknagar Industries:
All values in % | Sep 2024 | Jun 2024 | Mar 2024 |
Promoter | 40.10% | 40.20% | 40.20% |
FII | 12.40% | 11.70% | 11.40% |
DII | 1.20% | 0.40% | 0.10% |
Public | 46.30% | 47.80% | 48.30% |
About Tilaknagar Industries:
Tilaknagar Industries Ltd. (NSE: TI) is a leading manufacturer of Indian Made Foreign Liquor (IMFL), offering a wide range of spirits including brandy, whisky, gin, rum, and vodka. Its flagship product, Mansion House Brandy, is India’s highest-selling premium brandy.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.