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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Kenya comes to the aid of tea stocks

Kenya comes to the aid of tea stocks

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1Kenya comes to the aid of tea stocks Empty Kenya comes to the aid of tea stocks Sat Apr 18, 2015 11:01 am

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http://www.thehindubusinessline.com/markets/stock-markets/kenya-comes-to-the-aid-of-tea-stocks/article7114021.ece

April 17, 2015:

Tea stocks such as Tata Global Beverages, Jayshree Tea & Industries, Harrisons Malayalam, McLeod Russel, and Dhunseri Tea & Industries, will remain in focus, thanks to a dry spell in Kenya. Expecting tight supply from Kenya, tea prices in India have already started climbing. Analysts expect the average tea price in 2015 to be higher than last year. In light of this, over the last 15-20 days, share prices of these companies have been climbing at the bourses.

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