The TTK Prestige stock is down 15.5 percent from its pre-demonetisation high of Rs 6,550.
Speaking to CNBC-TV18, Chairman TT Jagannathan said the company has actually gained market share in the last two quarters. TTK Prestige has 45 percent market share in pressure cookers, he said.
TTK Prestige's cookware and cookers could see 10 percent year-on-year (YoY) growth this year, he said.
New acquisitions will aid revenues by Rs 500 crore in the next five years, he said.
For entire interview, watch accompanying video.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
