Warren Tea stocks hike by 19.99 percent

By siliconindia   |   Monday, 04 July 2011, 23:55 IST
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Warren Tea stocks hike by 19.99 percent
Bangalore: When the markets closed today, Warren Tea stocks increased by 19.99 percent. After opening the day at 322.95, the stock touched the day's high of 364.95, before closing the day at 364.95. The previous close price was 304.15. Through the day 10.71 Million shares were traded in the market with the current P/E ratio of 18.98. The 52 week stock chart is on the left Warren Tea operates in two segments: Tea and Travels. The Tea segment is engaged in the business of growing, harvesting, manufacturing and selling of black tea. The Travel segment is engaged in travel-related activities. During the fiscal year ended March 31, 2010 (fiscal 2010), the Company produced 14,421,000 kilograms of tea. The Company owns 14 tea estates, which are all located in Assam. It also has a Warren Travels, which is located in Kolkata.