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Warren Tea shares up nearly 11 percent
By siliconindia
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Friday, 22 April 2011, 06:49 IST
Bangalore: Warren Tea stock was among the top gainers after its price went up by nearly 11 percent. After opening the day at 
271.50, the stock touched its 52 week high of 306, before closing the trade at 270, with a gain of 10.93 percent. Through the day, 55474 shares of Warren Tea were traded in the market with a PE ration of 19.74.
Warren Tea Limited is an India-based company. The company 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.
Warren reported a fall of 9 percent in net profit at 16.37 crore for the quarter ended December 31, 2011. The Kolkata-based company had reported a net profit of 17.89 crore in the year ago period.
271.50, the stock touched its 52 week high of 306, before closing the trade at 270, with a gain of 10.93 percent. Through the day, 55474 shares of Warren Tea were traded in the market with a PE ration of 19.74.
Warren Tea Limited is an India-based company. The company 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.
Warren reported a fall of 9 percent in net profit at 16.37 crore for the quarter ended December 31, 2011. The Kolkata-based company had reported a net profit of 17.89 crore in the year ago period.
