Indong Tea Company Share Price

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INDONG •
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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
86.73% Gain from 52W Low
-5.8
TTM PE Ratio
Price to Book Ratio
High in industry
2.3
Dividend yield 1yr %
0
TTM PEG Ratio

Indong Tea Company Ltd shareholding Pattern

Promoter
64.7%
Public
35.3%
Promoter
64.7%
Public
35.3%
Promoter
64%
Public
36%
Promoter
64%
Public
36%

Indong Tea Company Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
4
Bearish Moving Averages
12
5Day EMA
29.20
10Day EMA
29.10
12Day EMA
29.10
20Day EMA
28.80
26Day EMA
28.70
50Day EMA
28.60
100Day EMA
28.00
200Day EMA
26.30
5Day SMA
29.70
10Day SMA
29.50
20Day SMA
28.50
30Day SMA
27.90
50Day SMA
28.60
100Day SMA
28.90
150Day SMA
27.20
200Day SMA
25.30
Delivery & Volume

Delivery & Volume

PeriodCombined Delivery VolumeNSE+BSE Traded Volume
Day Rs
8000 Rs
8000 Rs
Week Rs
67200 Rs
82400 Rs
Month Rs
41904 Rs
50285 Rs
Resistance & Support
28.12
Pivot
Resistance
First Resistance
28.13
Second Resistance
28.17
Third Resistance
28.18
Support
First Support
28.08
Second support
28.07
Third Support
28.03
Relative Strength Index
48.22
Money Flow Index
55.81
MACD
0.38
MACD Signal
0.30
Average True Range
2.30
Average Directional Index
19.02
Rate of Change (21)
6.04
Rate of Change (125)
17.08

Indong Tea Company Ltd Company background

Founded in: 1990
Managing director: H R Garg
Indong Tea Company Ltd. was originally incorporated as Private Limited Company on December 28, 1990, under the name, Indong Tea Company Private Limited. Subsequently, Company converted into Public Limited Company vide a fresh Certificate of Incorporation was issued by ROCKolkata dated January 14, 2022 in the name of Indong Tea Company Limited. The Company is engaged in plantation and manufacturing of CTC Tea. The Company operates a Tea Garden i.e. Indong Tea Estate which is producing high quality CTC (crushtearcurl) Tea in Dooars region of West Bengal. In August 2014, Company was taken over by Asian Group promoted by Sri Hariram Garg, who invested fresh capital and installed new machinery which resulted in high yields of plantations produced. The Indong Tea Estate is spread over an area of 740.38 Hectares which comprises of Tea Plantation, Tea Factory, Withering Trough House, Officers Bungalows, Staff Quarters, Labour Quarters, Pump House, General Stores, Dairy Farm etc. The Company produce only CTC (Crush/Cut, Tear, Curl) Tea. This a method of processing black tea in which the leaves are passed through a series of cylindrical rollers with hundreds of sharp teeth that crush, tear, and curl the tea into small, hard pellets. This replaces the final stage of orthodox tea manufacture, in which the leaves are rolled into strips. Tea produced using this method is generally called CTC tea. The tea plant grows best in loose, deep soil, at high altitudes, and in subtropical climates. The best tea is usually grown at higher elevations, and often, on steep slopes. The terrain requires these premium teas to be handplucked, and it takes around 2,000 tiny leaves to make just one pound of finished tea. Many of the teas produced for large scale commercial production are grown on flat, lowland areas to allow for machine harvesting.Teas which are processed in the traditional fashion are called Orthodox teas. Orthodox teas generally contain only the top two tender leaves and an unopened leaf bud, which are plucked carefully by hand and then processed using five basic steps, creating varieties of tea. Most Orthodox tea production these days involves a unique combination of ageold methods, such as bamboo trays, to allow the leaves to wither on, and modern, innovative machinery, like leaf rollers carefully calibrated to mimic motions originally done by hand.The other way of making tea is the unorthodox method, of which the most common type is CTC (crushtearcurl). This much faster style of production was specifically created for black tea. These teas may or may not be plucked by hand. For commercial production, large machine harvesters are used to mow top of the bushes to get new leaves. CTC production uses a leaf shredder which macerates the leaves (crushing, tearing, and curling them) into fine pieces. They are then rolled into little balls. The result looks quite a bit like Grape Nuts cereal, actually. These teas will brew very quickly and produce and a bold, powerful cup of tea. Crushtearcurl is usually used primarily in the tea bag industry, as well as in India to create Masala Chai blends (due to their strength and colour).
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