Tata Global Beverages is currently trading at Rs. 255.05, up by 2.30 points or 0.91% from its previous closing of Rs. 252.75 on the BSE.
The scrip opened at Rs. 253.00 and has touched a high and low of Rs. 255.40 and Rs. 250.50 respectively. So far 158189 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 284.70 on 03-Jul-2018 and a 52 week low of Rs. 177.50 on 11-Feb-2019.
Last one week high and low of the scrip stood at Rs. 259.70 and Rs. 246.90 respectively. The current market cap of the company is Rs. 16059.10 crore.
The promoters holding in the company stood at 34.45%, while Institutions and Non-Institutions held 39.04% and 26.50% respectively.
Tata Global Beverages is planning to devise the ‘right strategy’ for the company's branded coffee business in the United States (US), which recorded lower levels of performance compared to the previous year.
The branded coffee market in the US has witnessed consolidation over the past few years and recrafting the Eight O'Clock coffee business in this new environment is critical to its growth and success.
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 |
---|---|
Tata Consumer Produc | 1173.25 |
CCL Products (India) | 584.15 |
Mcleod Russel | 24.90 |
Goodricke Group | 170.40 |
Jay Shree Tea | 101.40 |
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