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Longview Tea Company Ltd.

BSE: 526568 Sector: Others
NSE: N.A. ISIN Code: INE696E01019
BSE 00:00 | 26 Jul 17.25 0
(0.00%)
OPEN

17.25

HIGH

17.25

LOW

16.40

NSE 05:30 | 01 Jan Longview Tea Company Ltd
OPEN 17.25
PREVIOUS CLOSE 17.25
VOLUME 296
52-Week high 23.05
52-Week low 6.50
P/E
Mkt Cap.(Rs cr) 5
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 17.25
CLOSE 17.25
VOLUME 296
52-Week high 23.05
52-Week low 6.50
P/E
Mkt Cap.(Rs cr) 5
Buy Price 0.00
Buy Qty 0.00
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 41000 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.

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