Investors watch out! Tea is hot and brewing in the markets today
Advertisement
Advertisement
Advertisement
McLeod Russell brewed tea stocks on fire on Tuesday as bulk prices of the commodity firmed up further in Kolkata's auction markets.Weekly average prices for CTC leaf tea on a per kg basis stood at 163.57 rupees/kg on June 27, the latest data available, compared with 161.95 rupees on June 20th and 145.07 rupees on May 23rd. This upward trajectory is expected to continue.
Meanwhile, Jayshree Tea jumped 18 percent to 79 rupees. Rossell Tea gained 10 percent to 100 rupees. Goodricke Tea rose 10% to 147.70 rupees.Warren Tea added 9 percent at 140 rupees and Mc Leod Russell up was 7 percent at 236.40 rupees on the Bombay Stock Exchange.
(Image: Indiatimes)
Advertisement
- 2 states where home prices are falling because there are too many houses and not enough buyers
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- 9 health benefits of drinking sugarcane juice in summer
- 10 benefits of incorporating almond oil into your daily diet
- From heart health to detoxification: 10 reasons to eat beetroot
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore