Tata Global Beverages (TGB) is currently trading at Rs. 193.05, up by 3.00 points or 1.58% from its previous closing of Rs. 190.05 on the BSE.
The scrip opened at Rs. 190.00 and has touched a high and low of Rs. 194.90 and Rs. 188.25 respectively. So far 478855 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 197.40 on 17-Aug-2017 and a 52 week low of Rs. 114.50 on 15-Nov-2016.
Last one week high and low of the scrip stood at Rs. 197.40 and Rs. 152.10 respectively. The current market cap of the company is Rs. 12180.80 crore.
The promoters holding in the company stood at 35.76%, while institutions and non-institutions held 34.90% and 29.33% respectively.
Tata Global Beverages’ premium natural mineral water brand ‘Himalayan’, will now enter the USA market in a phased manner, through an agreement signed by its subsidiary with Talking Rain Beverage Company, the maker of Sparkling Ice flavored sparkling waters to distribute and market the brand.
This agreement will give Himalayan the benefit of Talking Rain’s extensive go to market and execution capabilities in the US, which synergize well with TGB’s product expertise and marketing capability. The premium end of the water market in the country is growing rapidly and Himalayan is well positioned to leverage the growth in this segment.
Himalayan is currently available in India and Singapore. The brand recently launched a Sparkling variant in select markets in India and is piloting its flavoured water ‘Orchard Pure’ in the Delhi/NCR region.
| Company Name | CMP |
|---|---|
| Tata Consumer Produc | 1112.50 |
| CCL Products (India) | 605.10 |
| Mcleod Russel | 29.40 |
| Goodricke Group | 190.00 |
| Jay Shree Tea | 112.27 |
| View more.. | |
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