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Tata Coffee trades higher on the BSE

Tata Coffee is currently trading at Rs. 78.45, up by 2.25 points or 2.95% from its previous closing of Rs. 76.20 on the BSE.

The scrip opened at Rs. 76.25 and has touched a high and low of Rs. 79.00 and Rs. 76.05 respectively. So far 45268 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 1 has touched a 52 week high of Rs. 102.45 on 14-Jan-2019 and a 52 week low of Rs. 67.00 on 23-Aug-2019.

Last one week high and low of the scrip stood at Rs. 79.00 and Rs. 74.20 respectively. The current market cap of the company is Rs. 1466.15 crore.

The promoters holding in the company stood at 57.48%, while Institutions and Non-Institutions held 6.04% and 36.48% respectively.

Tata Coffee has bagged ‘Best Indian Coffee’ recognition for the season 2018-19 at the 4th Ernesto Illy awards.

IllyCaffe – a global leader in high-quality, sustainably grown coffee celebrated its work with farmers globally, through the annual ‘Ernesto Illy International Coffee Awards’, in an award ceremony held in New York City. Tata Coffee’s Sunticoppa estate in Coorg was recognized as the best Indian coffee and was amongst the finalists for global recognition.

Tata Coffee is the largest coffee plantation company in Asia. The company owns tea estates located in Coorg, Hassan and Chickmagalur districts of Karnataka and Andhra Pradesh.

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