Analyst's Picks: SMALL CAP: McLeod Russell
The tea price boom helped McLeod Russel to post 61.48% growth in net profit in the last quarter. It attributes the improved performance to strong domestic demand.
By ET Bureau |
McLeod Russell
CMP: Rs 49
The tea price boom helped McLeod Russel to post 61.48% growth in net profit in the last quarter. It attributes the improved performance to strong domestic demand. It plans to acquire Vietnam-based Phu Ben Tea for $2 million. McLeod, the world���s largest bulk tea player, will continue to gain from increased preference to tea world over.
CMP: Rs 49
The tea price boom helped McLeod Russel to post 61.48% growth in net profit in the last quarter. It attributes the improved performance to strong domestic demand. It plans to acquire Vietnam-based Phu Ben Tea for $2 million. McLeod, the world���s largest bulk tea player, will continue to gain from increased preference to tea world over.
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