Tilaknagar Industries Share Price: Alcohol stock below Rs 400; note down market guru Anil Singhvi's targets

Anil Singhvi Stock of the Day, Tilaknagar Industries Share Price: Alcoholic beverage maker Tilaknagar Industries shares gave up initial gains in choppy trade on Wednesday, February 5, a day after the company reported a mixed set of results for the October-December period. At 12:20 pm, the Tilaknagar Industries stock was trading lower by Rs 6.7, or 1.7 per cent, for the day at Rs 393.7 apiece on BSE, having moved between gains and losses (between Rs 390.5 and Rs 414) following a mild start to the day. 

Tilaknagar Industries is market wizard Anil Singhvi's 'Stock of the Day', note down targets

Earlier on Wednedsay, Zee Business Managing Editor Anil Singhvi gave a 'buy' call on Tilaknagar Industries shares with targets of Rs 405, Rs 412 and Rs 420.

The market guru suggested placing a stop loss at Rs 390.

Singhvi's target implies a 4.9 per cent upside in the stock from Tuesday's close. 

Anil Singhvi's views on Tilaknagar Industries

Singhvi pointed out that although the company's revenue was weak owing to its Telangana unit, it managed to stage a strong operational performance with a margin expansion of 300 basis points (bps). 

Tilaknagar Industries Q3 FY25 Results | Top-line and bottom-line

After Tuedsay's market hours, Tilaknagar Industries reported a net profit of Rs 54 crore, marking a jump of 23 per cent over the corresponding period a year ago. 

Its revenue, however, fell 10 per cent on a year-on-year basis, to Rs 340 crore, according to a regulatory filing. 

Tilaknagar Industries Q3 Earnings | Operational performance

Tilaknagar Industries registered a 17 per cent increase in its earnings before interest, taxes, depreciation and amortisation (EBITDA) for the October-December period. 

Its margin—a key measure of profitability—expanded by 410 basis points (bps), or 4.1 percentage points, the filing showed. 

TI Stock Price News

Tilaknagar Industries shares have delivered a 73 per cent return in the last one year, sharply outperforming a 9.0 per cent rise in the headline Nifty50 index.

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