tea stocks: Tea stocks rally up to 16% as tea prices likely to soar further

tea stocks: Tea stocks rally up to 16% as tea prices likely to soar further

Tea stocks, including Jay Shree Tea, Warren Tea, Rossell India, and McLeod Russel India, jumped between 6%-16%, with Rossell India scaling to its new 52-week high of Rs 663 on BSE today due to soaring tea prices driven by heatwave and floods reducing output. Tea prices have been affected by the heat and rain concerns … Read more