You are here » Home » Companies » Company Overview » Longview Tea Company Ltd

Longview Tea Company Ltd.

BSE: 526568 Sector: Others
NSE: N.A. ISIN Code: INE696E01019
BSE LIVE 11:41 | 11 Dec 20.40 0.95
(4.88%)
OPEN

20.40

HIGH

20.40

LOW

20.40

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 20.40
PREVIOUS CLOSE 19.45
VOLUME 503
52-Week high 26.90
52-Week low 15.55
P/E
Mkt Cap.(Rs cr) 6
Buy Price 20.40
Buy Qty 197.00
Sell Price 0.00
Sell Qty 0.00
OPEN 20.40
CLOSE 19.45
VOLUME 503
52-Week high 26.90
52-Week low 15.55
P/E
Mkt Cap.(Rs cr) 6
Buy Price 20.40
Buy Qty 197.00
Sell Price 0.00
Sell Qty 0.00

Longview Tea Company Ltd. (LONGVIEWTEA) - Company History

Originally incorporated in 1879, the Longview Tea Company was taken over by the Dagas in 1954. Since then, its performance has been excellent. It is now a Deepak group company which is a proud promoter of two more profitable ventures : Deepak Industries and Deepak Spinners. Deepak Industries manufactures industrial gear boxes, gears, couplings, clutches, automobile gears and other engineering products with two factories at Calcutta and Faridabad. Deepak Spinners also has two plants -- in Baddi, HP, and Guna, MP, -- to produce synthetic blended yarn with an installed capacity of 41,000 spindles. Both the companies have acquired the ISO 9002 certification. Having started operations with a single tea estate, Longview now has six gardens spread over Darjeeling and the plains of North Bengal. These are Longview Tea Estate in Darjeeling, Phaguri Tea Estate in Darjeeling (1954), Bhatpara Tea Estate in Dooars (1988), Orange Valley Tea Estate in Darjeeling (1990), the Sanyasisthan Tea Estate in Terai (1991), and the Anandapur Tea Estate in Dooars (1992). It currently produces over 30 lac kg of all varieties of tea -- Darjeeling, CTC and green tea. This has been a profit-making dividend-paying company for years. During the year 1999-2000, in view of the losses suffered by the company it has practically sold all tea estates/projects and is driven by other activities/sources.