-10.45 (-0.88%) Tata Global Beverages is currently trading at Rs. 154.20, up by 1.45 points or 0.95% from its previous closing of Rs. 152.75 on the BSE.
The scrip opened at Rs. 154.00 and has touched a high and low of Rs. 154.90 and Rs. 153.10 respectively. So far 202887 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 177.15 on 10-Jun-2014 and a 52 week low of Rs. 131.25 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 160.70 and Rs. 151.50 respectively. The current market cap of the company is Rs. 9538.80 crore.
The promoters holding in the company stood at 35.10% while Institutions and Non-Institutions held 35.27% and 27.94% respectively.
Tata Global Beverages is planning to expand its water portfolio to 10 per cent of its turnover. The company’s water division currently accounts for just one per cent of its turnover. The company also planning to ensure a pan-India rolls out of the portfolio. However, such roll out will happen over a period of time.
Tata Global Beverages, formerly known as Tata Tea, is a multinational non-alcoholic Beverages Company headquartered in Kolkata, West Bengal, India and a subsidiary of the Tata Group. It is the world's second-largest manufacturer and distributor of tea. Tata Global Beverages markets tea under the major brands Tata Tea, Tetley, Good Earth Teas and JEMCA.