Tata Global Beverages is currently trading at Rs. 232.00, up by 8.75 points or 3.92% from its previous closing of Rs. 223.25 on the BSE.
The scrip opened at Rs. 224.00 and has touched a high and low of Rs. 235.20 and Rs. 221.45 respectively. So far 315537 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 328.80 on 15-Jan-2018 and a 52 week low of Rs. 192.50 on 25-Sep-2017.
Last one week high and low of the scrip stood at Rs. 243.50 and Rs. 215.55 respectively. The current market cap of the company is Rs. 14642.21 crore.
The promoters holding in the company stood at 35.46%, while Institutions and Non-Institutions held 36.74% and 27.80% respectively.
Tata Global Beverages has restructured its international operations in order to unlock synergies for the business, optimize costs and streamline operations. The company continually evaluates its businesses across geographies in line with its strategy and business objectives.
The company has restructured EMEA (UK, Europe, Middle East and Africa) and CAA (Canada, Australia, and Americas) units and has been merged into a single unit called the International Business Division. The company has exited non-core and sub scale markets in order to better focus on its core markets. The company has also identified back office processes in Human Resources, Finance and Operations, and outsourced the management of these back office processes to Tata Consultancy Services (TCS).
Tata Global Beverages is a global beverage business with a brand presence in over 40 countries. The company has significant interests in tea, coffee and water and is the world’s second largest tea company.
Company Name | CMP |
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Tata Consumer Produc | 1098.90 |
CCL Products (India) | 590.35 |
Mcleod Russel | 25.79 |
Goodricke Group | 183.70 |
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