Tilaknagar Industries shares in focus after BofA sells Rs 62 crore stake in block deal

Bank of America sold over 18 lakh shares of Tilaknagar Industries for Rs 62 crore, with Societe Generale as the buyer. Tilaknagar, known for its IMFL brands, has seen its shares surge nearly 25% in the past year. The company's strong Q2 results, including a 6.6% revenue growth, have contributed to its positive market performance.