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Tata Global Beverages shines on reporting 51% growth in Q2 consolidated net profit

14 Nov 2013 Evaluate

Tata Global Beverages is currently trading at Rs. 145.90, up by 1.50 points or 1.04% from its previous closing of Rs. 144.40 on the BSE.

The scrip opened at Rs. 146.00 and has touched a high and low of Rs. 146.90 and Rs. 143.00 respectively. So far 4,14,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 181.70 on 15-Nov-2012 and a 52 week low of Rs. 122.00 on 26-Mar-2013.

Last one week high and low of the scrip stood at Rs. 163.00 and Rs. 141.35 respectively. The current market cap of the company is Rs. 9,034.00 crore.

The promoters holding in the company stood at 35.10% while Institutions and Non-Institutions held 37.51% and 25.96% respectively.

The company has reported 83.36% rise in its net profit at Rs 173.08 crore for the second quarter ended September 30, 2013 as compared to Rs 94.39 crore for the same quarter in the previous year. Total income of the company has increased by 17.84% at Rs 700 crore for quarter under review as compared to Rs 594.02 crore for the quarter ended September 30, 2012.

On the consolidated basis, the group has registered a growth of 51.23% in net profit after taxes, minority interest and share of profit / (loss) of associates at Rs 180.03 crore as compared to Rs 119.04 crore in the same quarter previous year. Total income of the group rose 3.51% to Rs 1965.77 crore for quarter under review as against Rs 1899.08 crore in corresponding quarter previous year.

Tata Consumer Produc Share Price

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