Tilaknagar Industries (TI) saw a 2% surge in its stock price following the announcement of its entry into the luxury brandy market with the launch of Monarch Legacy Edition. Founded in 1933, TI is renowned for its quality spirits, with its flagship product, Mansion House Brandy, being the world’s second-largest-selling brandy.
Monarch Legacy Edition is a premium 100% pure grape brandy that fuses the best of French and Indian grape spirits. This exclusive offering celebrates TI’s 90-year legacy, combining French craftsmanship and the unique terroir of India. The brandy features aged French grape spirits, matured for up to 8 years in oak casks, blended with fine Indian grape spirits sourced from the Sahyadri region in Maharashtra.
This launch marks a significant milestone for the company, diversifying its portfolio and strengthening its position in the premium spirits market.
Stock Performance today:
- Open: ₹410.85
- High: ₹427.80
- Low: ₹405.10
- 52-Week High: ₹428.90
- 52-Week Low: ₹182.05
As of 11:02 am, Tilaknagar Industries shares were trading 2.02% higher at Rs 420.00 on the NSE.
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