Announced Thu, 23 Jul · 12:54 IST
TTK Healthcare to sell EVA and Good Home brands to Wipro Enterprises for Rs 256 cr
TTKHLTCARE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.2%1-day move
₹1005.50
prior close
₹1004.70
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.4+5.1+2.7—+4.2+6.6————————
Up moveDown movePending
AI summary
TTK Healthcare board has approved the sale of its EVA and Good Home brands to Wipro Enterprises Private Limited for Rs 256 crores plus GST. These brands contributed around Rs 148 crores (17 percent) to the company's total turnover in FY 2025-26. The deal is expected to close by September 30, 2026, subject to customary conditions. The buyer is not a related party.
Likely market impact
Significant divestiture of brands contributing 17 percent of revenue. Rs 256 cr inflow could boost cash and earnings. Watch for deal closure.