India's Tilkanagar Industries eyes best day in 5 months on Q2 profit surge

Tilaknagar Industries

05/11/2024 04:24

** Shares of Tilaknagar Industries  TILK.NS  rise 8% to 314
rupees
    ** Stock set for best one-day pct gain since June 5
    ** The Mansion House brandy maker posts 57% jump in Q2
consol net profit; rev from ops up ~10% Y/Y
    ** Co says growth aided by superior brand mix and cost
optimization
    ** Over 3.3 mln shares traded, 4.3x its 30-day avg
    ** Stock up 31% so far this year

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com))