Shares of Tata Global Beverages jumped over 5 per cent on Bombay Stock Exchange after the company said it has restructured its international operations for increased business effectiveness.
Following the announcement, shares of the company gained as much as 5.35 per cent to touch an intra-day high of Rs 235.20 apiece on the Bombay Stock Exchange.
In a similar trend, stocks of the firm were trading at Rs 227.05 apiece, up 1.84 per cent, on the National Stock Exchange.
Meanwhile, the broader benchmark BSE Sensex was trading at 38,089.39, down 300.43 points, or 0.78 per cent, from previous close on the BSE at 11:20 hours.