Haldiram news: Tata preparing to buy famous company Haldiram- Reuters

Talks are on with Tata Consumer, a Tata Group company, to buy a stake in Haldiram. According to news agency Reuters, Tata Consumer can buy 51 percent stake. It has been told in the report that this deal can be done for about 1000 US dollars i.e. 82000 crore rupees.

Shares of Tata Consumer rose after the news-

The stock of Tata Consumer Products Ltd has gained momentum after the news. The stock has increased by 3 percent to reach the price of Rs.870.

However, the performance of the stock this year has not been very special. The share price has increased by 14 percent from January to September. At the same time, it has given a return of 10 percent in three months.