The stock outperformed the Sensex gaining almost 91.73 per cent in the past month. The increased buying interest in the stock is in line with the ongoing optimism about the tea stocks.
Analysts say that the full benefits of the fall in Kenyan production are yet to be witnessed in India and the stock is one of their favourite play among the tea stocks.
Stock of the week
With the announcement of the acquisition of Betapharm, Dr. Reddy's stock leapt by 6.81 per cent during the week to close at 1286.85. The stock hit an all-time-high of 1298 on Friday. Acquisition of the Germany | ||||||||||||||||||||
