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Longview Tea Company Ltd.

BSE: 526568 Sector: Others
NSE: N.A. ISIN Code: INE696E01019
BSE 00:00 | 18 Apr 14.65 -0.75
(-4.87%)
OPEN

14.80

HIGH

14.80

LOW

14.65

NSE 05:30 | 01 Jan Longview Tea Company Ltd
OPEN 14.80
PREVIOUS CLOSE 15.40
VOLUME 350
52-Week high 20.75
52-Week low 11.65
P/E
Mkt Cap.(Rs cr) 4
Buy Price 14.65
Buy Qty 700.00
Sell Price 16.15
Sell Qty 1000.00
OPEN 14.80
CLOSE 15.40
VOLUME 350
52-Week high 20.75
52-Week low 11.65
P/E
Mkt Cap.(Rs cr) 4
Buy Price 14.65
Buy Qty 700.00
Sell Price 16.15
Sell Qty 1000.00

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.