Tata Consumer Products Ltd.

BSE: 500800 | NSE: TATACONSUM
Large Cap | Tea/Coffee
1187.70
-1.20 (-0.10%)
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Tata Global Beverages trades higher on the bourses

Date: 30-12-2013

Tata Global Beverages is currently trading at Rs. 160.30, up by 2.25 points or 1.42 % from its previous closing of Rs. 158.05 on the BSE.

The scrip opened at Rs. 159.70 and has touched a high and low of Rs. 161.00 and Rs. 155.50 respectively. So far 421247 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 170.20 on 03-Nov-2013 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. 166.00 and Rs. 153.50 respectively. The current market cap of the company is Rs. 9798.53 crore.

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

Tata Starbucks, the 50/50 joint venture between Tata Global Beverages and Starbucks Coffee is all set to inaugurate the first Starbucks store in Bengaluru on November 23, 2013. This flagship store is located opposite Raheja Arcade, 7th Block, Koramangala in Bengaluru. In addition to the flagship store at Koramangala, Tata Starbucks will open two more stores by the end of the year at Phoenix Market City and Orion Mall at Brigade Gateway in Bengaluru.

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.