Last Updated : Jan 10, 2018 03:49 PM IST | Source: CNBC-TV18

Hold Tata Global Beverage, says Shahina Mukadam

Shahina Mukadam, Independent Market Expert is of the view that one may hold Tata Global Beverage.

CNBC TV18 @moneycontrolcom

Shahina Mukadam, Independent Market Expert told CNBC-TV18, "One should hold on Tata Global Beverage because this rally has happened after years’ of consolidation and non-performance of the stock. I think the investments that the company has made in the Starbucks franchise is starting to payoff and they have expanded their franchise in a big way."

"Also I think you have improvement in the overall sales of their other tea and coffee business. So, I think overall numbers should be better and it is reflected in improvement in both numbers as well as overall stock price, I would continue to hold the stock for better gains," she added.
First Published on Jan 10, 2018 03:45 pm
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