Tata Global Beverages is currently trading at Rs. 144.30, up by 0.65 points or 0.45% from its previous closing of Rs. 143.65 on the BSE.
The scrip opened at Rs. 145.10 and has touched a high and low of Rs. 145.70 and Rs. 143.70 respectively. So far 58959 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 157.65 on 19-Oct-2016 and a 52 week low of Rs. 107.90 on 03-Mar-2016.
Last one week high and low of the scrip stood at Rs. 145.70 and Rs. 136.65 respectively. The current market cap of the company is Rs. 9094.58 crore.
The promoters holding in the company stood at 35.73%, while Institutions and Non-Institutions held 34.66% and 29.62% respectively.
Tata Global Beverages (TGB) has expanded its partnership agreement with Keurig Green Mountain, Inc. (Keurig) for manufacturing, sales, licensing and distribution of the Eight O’Clock coffee and Tetley tea brands in K-Cup pods for use in Keurig brewers.
The renewed long-term agreement allows for the continued success for the brands through in-home and away-from-home channels, as well as on Keurig’s consumer direct websites throughout the US and Canada.
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.