Tata Coffee logs new all-time high; stock zooms 60% in a month

Tata Coffee, on April 29, had reported a strong set of results for the quarter ended March 2021, with its consolidated net profit more-than-doubling at Rs 57.37 crore, on the back of healthy sales

Shares of Tata Coffee continued their northward march, rising 4 per cent to hit an all-time high of Rs 185.80 on the BSE on Thursday in an otherwise volatile market.

The stock of the Tata Group Company surpassed its previous high of Rs 183.45, touched on November 29, 2017. In the past one month, Tata Coffee has outperformed the market by zooming 60 per cent, as compared to 4.5 per cent rise in the S&P BSE Sensex.

Tata Coffee, on April 29, had reported a strong set of results for the quarter ended March 2021, with its consolidated