Tilaknagar Industries: Why JM Financial sees 25% upside after Imperial Blue deal
- Posted on March 18, 2026
- By Financial Express
- 2 Views
Tilaknagar Industries: Why JM Financial sees 25% upside after Imperial Blue deal

The brand, which ranks among the top players in the lower prestige whisky segment, gives Tilaknagar access to a much larger market. Whisky is the biggest segment within IMFL, and the deal helps the company move beyond its heavy reliance on brandy, the report added.