Anubhav Sahu
Moneycontrol Research
Tata Global Beverages Ltd (TGBL), a relative laggard in the FMCG sector, is likely to catch the attention of serious investors thanks to its various restructuring initiatives. This stock could benefit from Tata Sons initiative of unwinding cross-holdings in group companies, which would help TGBL raise funds. There is also a market buzz (news coverage from CNBC-TV18) that the company plans to sell the non-branded products business.
TGBL has a 4.39 percent stake in Tata Chemicals valued at Rs 720 crore, and minor stakes in Indian Hotels and Tata Investment Corporation. The amount realised can be used for expanding the companys product portfolio.
The sale of non-branded businesses could involv…
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