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Diana Tea Company Ltd.

BSE: 530959 Sector: Agri and agri inputs
NSE: N.A. ISIN Code: INE012E01035
BSE LIVE 15:29 | 23 Aug 18.20 -0.20
(-1.09%)
OPEN

18.15

HIGH

18.85

LOW

18.15

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 18.15
PREVIOUS CLOSE 18.40
VOLUME 8295
52-Week high 33.20
52-Week low 16.00
P/E 10.52
Mkt Cap.(Rs cr) 27
Buy Price 18.10
Buy Qty 250.00
Sell Price 18.20
Sell Qty 379.00
OPEN 18.15
CLOSE 18.40
VOLUME 8295
52-Week high 33.20
52-Week low 16.00
P/E 10.52
Mkt Cap.(Rs cr) 27
Buy Price 18.10
Buy Qty 250.00
Sell Price 18.20
Sell Qty 379.00

Diana Tea Company Ltd. (DIANATEA) - Company History

Incorporated in Aug.'11 with the main objective of carrying on tea business, Diana Tea Company (DTCL) was promoted by Nawab Gulam Jabbar who originally owned Diana Tea Estate. The company was taken over by the Singhania family in 1976. It acquired one more tea estate -- Baintgoorie Tea Estate -- from Duncans in 1983. Both the tea gardens are located in Jalpaiguri, West Bengal. Lalit Kumar Singhania is the managing director. The other group companies are Amarajyoti Investment and Singhania Builders. In May '95, DTCL came out with a Rs 8.94-cr public issue at a premium of Rs 55. The proceeds were utilised to part-finance the Rs 9.2-cr project to increase the production of tea to 32.25 lac kg and also to improve the quality. During the year 1999-2000, the company has established a totally new factory at newly acquired Ambari Tea Estate. The company has lost almost 25% of its crop due to severe drought particularly in Dooars region and other adverse factors affecting the tea industry.