Eveready rises 3% as company plans to hive off tea business
The stocks has slumped 22 per cent on YTD basis while it has given a meagre return of 1.2 per cent in the past one year.
By ET Online |
NEW DELHI: Shares of Eveready Industries ended the day higher by 1.3 per cent in Thursday trade after the company announced plans to hive off its tea business and collaborate with McLeod Russell to scale it up.
Reacting to to the development, the scrip gained 3.32 per cent to hit a high of Rs 236.10 on the BSE. The stocks has slumped 22 per cent on YTD basis while it has given a meagre return of 1.2 per cent in the past one year.
Reacting to to the development, the scrip gained 3.32 per cent to hit a high of Rs 236.10 on the BSE. The stocks has slumped 22 per cent on YTD basis while it has given a meagre return of 1.2 per cent in the past one year.
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