Tilaknagar Industries started its excursion as
"The Maharashtra Sugar Mills Limited" (MSM) in 1933 by unmistakable
money manager and exhibitor Shri Mahadev L Dahanukar prevalently known as
Babasaheb Dahanukar. The organization is then engaged with the assembling of
sugar and mixed items. Itilaknagar Distilleries and Industries Ltd. was
advanced as a component of 100% of The Maharashtra Sugar Mills Ltd. The year
1973 saw TI separate in the Industrial Alcohol, Indian Made Foreign Liquor
(IMFL) and Sub Cubes organizations. Both Maharashtra Sugar Mills Ltd.
furthermore, Tilaknagar Distilleries and Industries Ltd have converged to frame
Tilaknagar Industries Ltd. As of August 6, 1993., bourbon, vodka, gin and rum
and sold Mansion House alcohol. The cocktail organization, Tilaknagar
Industries Limited (TI) said it's anything but a concurrence with Pernod Ricard
of France to make their items in its Maharashtra producing unit. The
understanding will be legitimate for the following ten years and could be
reached out to more areas soon, TI said in an articulation on the trade.
Established in 1933 as Maharashtra Sugar Mills, Amit Dahnukar drove TI is among
the main ten distillers in India and has a different arrangement of items in
classes including cognac, bourbon, vodka, gin and rum and sells Mansion House
liquor. Pernod Ricard is the second biggest organization in alcobev in India
after Diageo's United Spirits NSE - 0.21% and gets critical cuts from premium
and semi-premium items, particularly Blenders Pride, Royal Stag and Imperial
Blue.
The company
is trading at lowest valuation. There is also competition in the market but the
company has strong management and the presence of company products is in rural
as well as in the urban area. The brand name of the company is well known into
the market in which it operates. If any company brand name is in the mind of
the people or customers then that company create is more value in the market
& market capitalization of the company will surely increase. The company in
the textile sector performing very well. It is purely a consumption based
theory. The youngsters of the India are loved to do parties in the clubs. . The
buying in the wine or whisky segment will never come to an end. If company will
not perform well then it may be the candidate of overtake.
The consumption based companies always be in
the demand. If there is sorrow in the life or if there is happiness into the
life of a person, The product of this company will always be in the demand. The
company product is not only in the demand in India but It has good presence in
the overseas.
Tilaknagar
industry @28rs to 34.50rs
long term targets
36rs, 38rs, 40rs, 42rs, 45rs, 48rs, 50rs, 55rs, 58rs, 60rs, 65rs, 68rs,
70rs plus.
scrip code 507205
One can also trade in this share for short to medium term. I am very
bullish on this counter. Investors can accumulate this share on every dip.
Disclaimer: Please Please do your own research before making investment. My view may differ
from others.
One Update:
Today, 1 nov 2013
Tilaknagar ind @62.20
All target hit: Few weeks back it hit
75rs as well. Book profit
ALL TARGETS HAS MEET
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