Tata Coffee is currently trading at Rs. 115.50, up by 1.75 points or 1.54% from its previous closing of Rs. 113.75 on the BSE.
The scrip opened at Rs. 115.00 and has touched a high and low of Rs. 116.15 and Rs. 114.50 respectively. So far 12853 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 150.05 on 20-Oct-2016 and a 52 week low of Rs. 81.70 on 17-Feb-2016.
Last one week high and low of the scrip stood at Rs. 117.00 and Rs. 112.40 respectively. The current market cap of the company is Rs. 2154.40 crore.
The promoters holding in the company stood at 57.48%, while Institutions and Non-Institutions held 6.31% and 36.21% respectively.
Tata Coffee is planning to set-up a state of the art freeze dried coffee plant in Vietnam with an installed capacity of 5,000 MT per annum. This move will further strengthen the company’s growth in the premium instant coffee segment. The company has made significant strides in moving up the coffee quality value chain by focusing on differentiation, premiumization and customer centricity.
Tata Coffee already has strong expertise in manufacturing freeze dried coffee at its plant in Theni, Tamil Nadu, which develops blends customized to varied consumer preferences. Freeze dried coffee is a growing segment worldwide in the premium instant coffee segment.
Tata Coffee (TCL) incorporated in 1943; is the largest coffee plantation company in Asia. The company is also engaged in production of Pepper and Cardamom in its Coffee Estates.
| Company Name | CMP |
|---|---|
| Tata Consumer Produc | 1118.70 |
| CCL Products (India) | 1085.95 |
| Mcleod Russel | 55.48 |
| Goodricke Group | 168.00 |
| Jay Shree Tea | 88.75 |
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