Tilaknagar Industries, a maker of Indian Made Foreign Liquor, commenced trading on the National Stock Exchange today.

The shares of the company, which belled the day at Rs 160.10, was trading 3.9% up at Rs 163 during noon trade as against its last closing figure of Rs 156.85 as registered on the BSE.

The company's scrip will be traded under the symbol 'TI'.

The company said that trading at the NSE would perk up the liquidity of the scrip and augment its accessibility.

Mr. Lalit Sethi, Chief Financial Officer of Tilaknagar Industries, said, "This is a major development and comes in the wake of impressive financial performance over the last few years."

Tilaknagar Industries is primarily engaged in the manufacturing and marketing of Indian Made Foreign Liquor (IMFL), which consists of brandy, whisky, rum, gin and vodka. Its brand portfolio consists of Senate Royale, Courrier Napoleon, Mansion House, Castle Club, Classic, Madira, Shot, and Hottt silk.

During the fourth quarter, the company's registered gross sales of more than 1,000 crore (including tie-up units).

The company's EBIDTA and PAT were also reported at a growth of 113% and 96% respectively. (With Inputs from Agencies)