Wednesday 27 August 2014

Tata Global Beverages strengthens on plan to expand water portfolio


BSE Code - 500800
Face Value - Rs 1.00
Group -BSE 'A'
Shareholding Pattern -  (a)Promoters - 35.10%
                                    (b)Institutions - 35.26%
                                    (c)Non-Institutions - 27.96%
One year High-Low -  Rs 177.15 - Rs 131.25

     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.
     Current price of stock is Rs 153.05, up by 0.30 points from its previous closing of Rs 152.75 on the BSE.

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