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Warren Tea Ltd.

BSE: 508494 Sector: Agri and agri inputs
NSE: WARRENTEA ISIN Code: INE712A01012
BSE 00:00 | 13 Aug 47.50 0.50
(1.06%)
OPEN

47.50

HIGH

47.50

LOW

47.40

NSE 05:30 | 01 Jan Warren Tea Ltd
OPEN 47.50
PREVIOUS CLOSE 47.00
VOLUME 1152
52-Week high 65.80
52-Week low 27.55
P/E
Mkt Cap.(Rs cr) 57
Buy Price 44.80
Buy Qty 25.00
Sell Price 48.00
Sell Qty 50.00
OPEN 47.50
CLOSE 47.00
VOLUME 1152
52-Week high 65.80
52-Week low 27.55
P/E
Mkt Cap.(Rs cr) 57
Buy Price 44.80
Buy Qty 25.00
Sell Price 48.00
Sell Qty 50.00

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.