Technical analyst Mitesh Thacker is bullish on Tata Coffee Ltd stock and has maintained 'buy' rating on the stock with targets of Rs 750 and 850.

According to Thacker, the said targets can be attained in the coming weeks.

Today, the stock of the company opened at Rs 680 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 761.40 and a low of Rs 341.50 on BSE.

Current EPS & P/E ratio stood at 22.06 and 33.37 respectively.

Tata Coffee has registered a phenomenal growth in its standalone net profit for the three month period ended December 2010.

During the said period, the company's profit grew by 78.22% to Rs 249.12 million as against Rs 139.78 million during the corresponding period of 2009.

Company's net sales during Oct-Dec period climbed 29.59% to Rs 990.91 million.

The total income of the company during the period zoomed 11.03% to Rs 1,081.29 million.

Tata Coffee recorded an EPS of Rs 13.34 per share in the quarter, recording 78.34% increase over prior year period.

Tata Coffee is one of the biggest integrated coffee plantation companies in the world.

The company has a hand in every facet of the coffee producing procedure, with biz actions ranging from growing and curing of coffee and tea to the production and selling of value-added coffee products.