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You are here : IndiaNotes >> Research & Analysis >> Companies >> Tata Coffee Ltd. >> Research

Tata Coffee to Set Up State-Of-The-Art Freeze Dried Coffee Plant

Dynamic Equities Pvt Ltd | 20 Dec, 2016  | Follow Author | Add to my Favourites 
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Tata Coffee which is one of the subsidiaries of Tata Global Beverages said that it plans of setting up a new coffee plant in Vietnam.


Tata Coffee share price reacted positively by rising 2.56 per cent at 1.32 PM to trade at Rs 116.30. The intraday high and the intraday low so far are Rs 117.20 and Rs 114.45 respectively.


By 1.30 PM 3,43,422 shares of the company have already been traded on NSE for a total amount of Rs 397.61 lacs.


Out of the top 500 stocks identified by Dynamic Levels at the end of every quarter, Tata Coffee has been picked as a multibagger stock due to its strong fundamentals.


In a notification to the Bombay Stock Exchange, Tata Coffee said it will set up "a state-of-art freeze dried coffee plant in Vietnam with an installed capacity of 5,000 MT per annum."


Freeze dried coffee is a growing sector globally in the instant coffee segment, Tata Coffee said. Instant coffee accounts for about 20 per cent of the global coffee consumption with freeze dried instant coffee remain to be the most popular one, the statement said.


The company said that it is the second largest exporter of instant coffee and it is also the largest producer of Specialty Coffee in India. It also exports green coffee to countries in Europe, Asia, Middle East as well as North America.


Tata Coffee holds expertise in the field of manufacturing freeze dried coffee. It already has 19 manufacturing plants in south India which includes at Coorg, Chickmaglur and Hasan in Karnataka, and in Theni of Tamil Nadu.


Talking about these new plans for a new plant, Sanjiv Sarin, the Managing Director, Tata Coffee, said, that the company has made steady progress in growing its freeze dried instant coffee business, which is now accounts for almost 20 per cent of its overall instant coffee portfolio. This move is in line with the company's strategy to strengthen focus on differentiation and customer centricity. Tata Coffee’s commitment to quality, process improvement, sustainability, and understanding customers will help our growth in this market.


Further adding to the statement, Sarin said that Vietnam offers an attractive business environment besides being the largest Robusta growing region and the plant will help them to achieve further global growth.


For the quarter ended 30th September 2016, Tata Coffee reported Total Income from Operations of Rs 190.37 crores. The PAT for the quarter was Rs 32.40 crores and the EPS was 1.73.



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Dynamic Equities Pvt. Ltd. is a a SEBI Registered Investment Advisor and Stock Broker, a leading financial services provider, and one of the major players in the Equity markets in India. With an experience of over 15+ years in Stock Markets and Equity Research, they provide daily updated Support & Resistance of 4200 instruments across 93 exchanges and 56 countries globally. They have an in-house team of over 25 analysts. Under the guidance and mentorship of Mr. Shailesh Saraf, MD of Dynamic Equities Pvt. Ltd., these analysts are dedicately involved in guiding their clients and users of the website www.dynamiclevels.com for trading in the market. Mr. Shailesh Saraf has an experience of over 24 years in the financial market, especially in capital & derivatives market operations, trading, research and management related areas. Dynamic Levels is a website owned by Dynamic Equities Pvt. Ltd. The website can be reached at www.dynamiclevels.com.


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