Sandeep Wagle of powermywealth.com told CNBC-TV18, "I would also be bullish on Tata Global Beverage. For long-term I have a target of Rs 380-400 and I would recommend a stoploss of Rs 267 that should be a safe stoploss."
Tata Global Beverage ended at Rs 314.10, down Rs 1.45, or 0.46 percent.
The share touched its 52-week high Rs 319.50 and 52-week low Rs 123.75 on 09 January, 2018 and 10 January, 2017, respectively.
Currently, it is trading 1.69 percent below its 52-week high and 153.82 percent above its 52-week low.
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