India, Dec. 22 -- A small cap stock in the business of manufacturing sugar and ethanol saw its stock surge by 4.4 percent, soon after the company entered Delhi's Indian Made Foreign Liquor Market with launching two new whiskey brands.

With a market cap of Rs 8,553 Cr Triveni Engineering and Industries Ltd saw its stock hit an intraday high of Rs 390.90 which is 4.4 percent higher than the previous close of Rs 374.30.

What's the News? Triveni Engineering & Industries Ltd. (TEIL) on Monday announced that the company has entered Delhi's Indian Made Foreign Liquor (IMFL) market with the launch of Matsya Gold Reserve Blended Whisky and The Crafters Stamp Grand Reserve Blended Whisky, strengthening its presence in the premium and super-premi...