Hold Tata Global Beverage, says Shahina Mukadam

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.