The company's shares hit a new high of Rs 351.40, up nearly 3 percent intraday on January 13.
Along with a commendable operating performance in the recent past, Tata Global Beverages continues to execute restructuring initiatives.
Following the National Company Law Tribunal's (NCLT) approval for the demerger of consumer products business of Tata Chemicals and vesting it with Tata Global Beverages, the company's shares hit a new high of Rs 351.40, up nearly 3 percent intraday on January 13.
Moneycontrol's Sakshi Batra does a 3-Point Analysis of whether it is a good idea to add the company's shares to one's portfolio.
Watch the video for more.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
First Published on Jan 14, 2020 04:13 pm
