Shares of TTK Group – TTK Prestige and TTK Healthcare have rallied more than 7% each in noon deals in an otherwise subdued market.
TTK Prestige, a maker of houseware, have surged 13% to Rs 3,724 on back of heavy volumes. The stock is currently trading close to its record high of Rs 3,899 which it touched on July 15, this year.
According to media reports, the company is eyeing its first overseas acquisition in Europe as part of its strategy to take the brand to international market.
TTK Healthcare too, gained 7.2% at Rs 549 on reports that the pharmaceutical company plans to triple exports of its own brand as it seeks to revive sales.
TTK Healthcare, which started selling the Skore brand of prophylactics in November 2012, aims to increase overseas shipments to 1 billion units in two years from 300 million, Chairman T T Jagannathan said in an interview with Bloomberg.
TTK Prestige, a maker of houseware, have surged 13% to Rs 3,724 on back of heavy volumes. The stock is currently trading close to its record high of Rs 3,899 which it touched on July 15, this year.
According to media reports, the company is eyeing its first overseas acquisition in Europe as part of its strategy to take the brand to international market.
TTK Healthcare too, gained 7.2% at Rs 549 on reports that the pharmaceutical company plans to triple exports of its own brand as it seeks to revive sales.
TTK Healthcare, which started selling the Skore brand of prophylactics in November 2012, aims to increase overseas shipments to 1 billion units in two years from 300 million, Chairman T T Jagannathan said in an interview with Bloomberg.
