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Warren Tea Ltd.

BSE: 508494 Sector: Agri and agri inputs
NSE: WARRENTEA ISIN Code: INE712A01012
BSE 15:46 | 02 Aug 95.90 0.05
(0.05%)
OPEN

99.00

HIGH

99.00

LOW

93.00

NSE 05:30 | 01 Jan Warren Tea Ltd
OPEN 99.00
PREVIOUS CLOSE 95.85
VOLUME 8070
52-Week high 105.15
52-Week low 39.90
P/E 9.36
Mkt Cap.(Rs cr) 115
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 99.00
CLOSE 95.85
VOLUME 8070
52-Week high 105.15
52-Week low 39.90
P/E 9.36
Mkt Cap.(Rs cr) 115
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

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.