11.90 (1.02%) Tata Global Beverages is currently trading at Rs. 343.80, up by 2.50 points or 0.73% from its previous closing of Rs. 341.30 on the BSE.
The scrip opened at Rs. 344.40 and has touched a high and low of Rs. 345.55 and Rs. 342.00 respectively.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 345.55 on 13-Jan-2020 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. 345.55 and Rs. 310.20 respectively. The current market cap of the company is Rs. 21540.46 crore.
The promoters holding in the company stood at 34.45 % while Institutions and Non-Institutions held 40.63 % and 24.91 % respectively.
Tata Global Beverages’ subsidiary -- Tata Global Beverages Overseas Holdings has entered into an Agreement for selling 100% of the equity shareholding in Tata Global Beverages Czech Republic a.s., the step-down subsidiary of the Company located in Czech Republic and upon completion of the conditions and formalities as per the said agreement, Tata Global Beverages Czech Republic a.s. would cease to be subsidiary of the Company.
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.