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Warren Tea Ltd.

BSE: 508494 Sector: Agri and agri inputs
NSE: WARRENTEA ISIN Code: INE712A01012
BSE LIVE 15:29 | 13 Dec 136.00 -1.85
(-1.34%)
OPEN

137.80

HIGH

139.00

LOW

133.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 137.80
PREVIOUS CLOSE 137.85
VOLUME 1567
52-Week high 183.25
52-Week low 100.40
P/E
Mkt Cap.(Rs cr) 163
Buy Price 136.00
Buy Qty 74.00
Sell Price 137.90
Sell Qty 22.00
OPEN 137.80
CLOSE 137.85
VOLUME 1567
52-Week high 183.25
52-Week low 100.40
P/E
Mkt Cap.(Rs cr) 163
Buy Price 136.00
Buy Qty 74.00
Sell Price 137.90
Sell Qty 22.00

Warren Tea Ltd. (WARRENTEA) - Company History

Warren Tea, which has 13 tea gardens in Upper Assam, is an associate of James Warren. In 1993, the Manchester-based G S Ruia group bought James Warren from McLeod Russel, gaining control of Warren Tea. The company suffered a minor setback in its working in 1987-88. Its yield per hectare is 2255 kg. Warren Tea, along with its associate companies, has purchased a 24% equity stake in Vegepro Foods & Feeds, which was held by Glaxo. The company diversified into the manufacture of sugar and other downstream products as a part of its growth plans. A MoU was signed with the Karnataka Industrial Investment and Development Corporation to set up a 2-mtpa cement plant. Besides the plantation and agro-based segments, the engineering sector has also been identified by the company for diversification. In 1997-98, Warren Metal Industries was amalgamated with the company. It is planning to acquire tea gardens in Assam to step up its output level. The company is keen on adding 2-3 million kg to its production.