Vintage Coffee shines on bagging order to supply Instant Coffee from large brand in South East Asia
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Vintage Coffee & Beverages is currently trading at Rs. 55.00, up by 1.35 points or 2.52% from its previous closing of Rs. 53.65 on the BSE.
The scrip opened at Rs. 54.00 and has touched a high and low of Rs. 55.00 and Rs. 54.00 respectively. So far 15244 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 104.85 on 21-Sep-2022 and a 52 week low of Rs. 41.00 on 21-Dec-2022.
Last one week high and low of the scrip stood at Rs. 55.00 and Rs. 43.30 respectively. The current market cap of the company is Rs. 374.49 crore.
The promoters holding in the company stood at 72.22%, while Non-Institutions held 27.78% stake in the company.
Vintage Coffee And Beverages has bagged a large order to supply Instant Coffee from a large brand in South East Asia. The contract is worth Rs 17.60 crore. This order will help the company to strengthen its presence in the huge South East Asian Instant Coffee market. This new order will improve the already increasing order book position.
The company is also in final stages of finalizing orders with European and West African customers for supply of consumer packs. This will significantly improve the turnover.
Vintage Coffee And Beverages is a group of coffee professionals very passionate about coffee with a combined experience of over 100 years and has come together to create an instant coffee product which captures the essence of conventional coffee through sophisticated modern technology and delivers it in a convenient way as Instant coffee.
