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Warren Tea Ltd.

BSE: 508494 Sector: Agri and agri inputs
NSE: WARRENTEA ISIN Code: INE712A01012
BSE 00:00 | 19 Jun 97.65 -2.35
(-2.35%)
OPEN

98.05

HIGH

100.00

LOW

97.20

NSE 05:30 | 01 Jan Warren Tea Ltd
OPEN 98.05
PREVIOUS CLOSE 100.00
VOLUME 628
52-Week high 183.25
52-Week low 97.00
P/E
Mkt Cap.(Rs cr) 117
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 98.05
CLOSE 100.00
VOLUME 628
52-Week high 183.25
52-Week low 97.00
P/E
Mkt Cap.(Rs cr) 117
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.