Trending stocks: Tata Coffee share price down 1%

NEW DELHI: Shares of Tata Coffee traded 0.64 per cent down in Wednesday 's trade at 11:49AM (IST). Around 51277 shares changed hands on the counter.

The counter opened at Rs 79.8 and touched an intraday high and low of Rs 80.1 and Rs 76.7 , respectively, in the session so far. Shares of the company quoted a 52-week high of Rs 107.2 and a 52-week low of Rs 47.1 .

Tata Coffee Ltd., incorporated in the year 1943, is a Small Cap company (having a market cap of Rs 1448.40 Crore) operating in Tea / Coffee sector.

The company reported a 6 per cent fall in its consolidated net profit to Rs 9.86 crore for the quarter ended March 31. Its net profit had stood at Rs 10.49 crore in the year-ago period, the company said in a regulatory filing.


Key Financials
The company reported consolidated net sales of Rs 516.74 crore for the quarter ended 31-Mar-2020 , up 3.06 per cent from previous quarter's Rs 501.42 crore and up 12.21 per cent from the year-ago quarter's Rs 460.52 crore.

The net profit after tax for the latest quarter stood at Rs 9.86 crore, down -6.01 per cent from the corresponding quarter last year .

Shareholding pattern
As of 31-Mar-2020 , domestic institutional investors held 3.53 per cent stake in the company , while foreign institutional investors held 9.83 per cent and the promoters 57.48 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 17.57 and a price-to-book ratio of 0.94 . A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Tata Coffee Ltd. belongs to the Tea / Coffee industry.