Tea and Coffee Sector of Stock Market: Tata Coffee Share
Tata Coffee Ltd
The company started in 1922 and is well-known for its tea and coffee manufacturing sector. Tata Coffee Share Company has manufacturing areas located in Telangana, Tooran, and Theni of Tamil Nadu.
The main products of Tata Coffee Share Company include freeze dried coffee, spray dried coffee, insult coffee, green beans, micro lots, washed arabica, moonsand, tea i ctc tea, orthodox, and green speckles.
Tata Coffee Share Current Status
Tata Coffee Share Company has a Market Cap of 4,692.61 Crores, a current Debt of 98 Crores, a Dividend Yield of 1.19%, Free Cash Available of 198.8 Crores, and Promoter holding in the company is 57.48%. The sales of the company are recorded at 25.27% and 127.14%.
Previous Return Information
In the last 5 years, Tata Coffee Share Company has given returns of 16%. In the last 3 years, it has given returns of 30%. In 1 year, the company achieved returns of 2% and in the last 6 months, it achieved returns of 20%. The company has also registered a profit growth of 46% in the last 3 years.
Experts Give Short Term Big Targets to Smallcap Shares
Tata Coffee Share is currently trading at ₹ 251 in the stock market. The 50 week high level is ₹ 258 and the 50 week low level is ₹ 198. Experts have set a short-term target of ₹270 with a stoploss of ₹240.
Reasons Why Stocks Are Bullish
Due to the winter season after the rains in India, more coffee and tea are sold according to the heat. Additionally, heavy rains in India and a decline in the production of coffee in countries like Brazil and Vietnam have led to an increase in the sale and price of coffee. This is why the target for Tata Coffee Share has been suggested to increase in the coming days.
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