The company announced the results after trading hours on Friday, 30 May 2008.

Meanwhile, the BSE Sensex was up 80.33 points, or 0.49%, to 16,495.90.

On BSE, 12,470 shares were traded in the counter. The scrip had an average daily volume of 31,432 shares in the past one quarter.

sThe stock hit a high of Rs 893 and a low of Rs 860 so far during the day. The stock had a 52-week high of Rs 1014 on 3 January 2008 and the stock hit a 52-week low of Rs 586.10 on 22 January 2008.

The mid-cap company had underperformed the market over the past one month till 30 May 2008, declining 5.34% compared to the Sensexs decline of 5.04%. It had outperformed the market in the past one quarter, rising 4.95% compared to Sensexs decline of 6.62%.

The companys current equity is Rs 61.84 crore. Face value per share is Rs 10.

The current price of Rs 874.30 discounts its Q4 March 2008 annualised EPS of Rs 115.69, by a PE multiple of 7.56.

However, Tata Teas net profit rose a mere 2.1% to Rs 312.86 crore on 7.8% increase in net sales to Rs 1153.43 crore in the year ended March 2008 over the year ended March 2007.

Tata Tea owns brands like Tetley and Glaceau among others. The company carries major plantation activity in India and Sri Lanka.

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