Tata Global Beverages gets fizzy with over 5% increase
DSIJ Intelligence / 14 Aug 2017
After having posted robust Q1FY18 earnings, the scrip of Tata Global Beverages shot up by over 5% on the BSE. The EBITDA for the quarter rose by 2.4% YoY to Rs 244.2 crore with a corresponding margin expansion of 59 bps.
After having posted robust Q1FY18 earnings, the scrip of Tata Global Beverages shot up by over 5% on the BSE. The EBITDA for the quarter rose by 2.4% YoY to Rs 244.2 crore with a corresponding margin expansion of 59 bps. The PAT for the quarter was Rs 141.8 crore YoY with an increase of 18.6%.
The company was trading at Rs 172.50 per share, up by Rs 8.55 or 5.22% as at 1159 hours and hits its intraday high and low of Rs 172.65 and Rs 165, respectively. It attracted a traded volume of 35,31,016 shares and traded value of Rs 5,999.55 lakh on the NSE.