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Tata Global Beverages rises as its arm launches ‘Super Green Tea’

09 Jan 2015 Evaluate

Tata Global Beverages is currently trading at Rs. 153.80, up by 0.55 points or 0.36% from its previous closing of Rs. 153.25 on the BSE.

The scrip opened at Rs. 154.00 and has touched a high and low of Rs. 154.45 and Rs. 153.65 respectively. So far 7705 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 177.15 on 10-Jun-2014 and a 52 week low of Rs. 135.40 on 03-Mar-2014.

Last one week high and low of the scrip stood at Rs. 154.45 and Rs. 146.00 respectively. The current market cap of the company is Rs. 9476.96 crore.

The promoters holding in the company stood at 35.10% while Institutions and Non-Institutions held 35.40% and 27.78% respectively.

Tata Global Beverages’ arm - Tetley has launched a range of ‘super green teas’ that are the first functional green teas in the UK with proven health benefits. Tetley’s four new Super Green Teas are supported by European Food Standards Agency (EFSA) approved health claims, relating to supporting your immune system and helping reduce tiredness and fatigue.

For immune system support, Tetley is launching Tetley Super Green Tea Immune which contains Vitamin C and comes in two delicious flavours - Tropical or Lemon and Honey.

Tata Global Beverages, formerly known as Tata Tea, is a multinational non-alcoholic Beverages Company headquartered in Kolkata, West Bengal, India and a subsidiary of the Tata Group. It is the world's second-largest manufacturer and distributor of tea. Tata Global Beverages markets tea under the major brands Tata Tea, Tetley, Good Earth Teas and JEMCA.

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