# Tea Sector undergoing change as most stocks are either near all time high or are hitting all time highs.
# Goodricke Group 74% owned by Camellia PLC is trading at 6 year high.
# Silently the tea sector has outperformed the markets in last couple of months by giving double digit returns.
# With Tea production significantly down this year 2024 than 2023 and prices being up 25%, the sector might be turning up after 20 years.
# HUL, Tata consumer all announcing price hike in their Q2 concall, Tea inflation is about to happen on a structural basis it seems.
# Highly underowned sector which has been under pressure for more than 10 years.
# Not many stocks to play barring Goodricke as Mcleod russel is facing bankruptcy trouble, Jayshree tea has sugar and chemicals business along with Tea while harrison Malayalam has half the business as rubber. So this company appears the only pure play large scale tea company in India.
# Its not a buy or sell recommendation just a thought about the developments happening in Tea sector.
# Goodricke Group 74% owned by Camellia PLC is trading at 6 year high.
# Silently the tea sector has outperformed the markets in last couple of months by giving double digit returns.
# With Tea production significantly down this year 2024 than 2023 and prices being up 25%, the sector might be turning up after 20 years.
# HUL, Tata consumer all announcing price hike in their Q2 concall, Tea inflation is about to happen on a structural basis it seems.
# Highly underowned sector which has been under pressure for more than 10 years.
# Not many stocks to play barring Goodricke as Mcleod russel is facing bankruptcy trouble, Jayshree tea has sugar and chemicals business along with Tea while harrison Malayalam has half the business as rubber. So this company appears the only pure play large scale tea company in India.
# Its not a buy or sell recommendation just a thought about the developments happening in Tea sector.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。