Apr 18, 2013, 04.59 PM | Source: Moneycontrol.com
World's largest tea producer Mcleod Russel fell sharply for the second consecutive session amid large volumes on Thursday.
Trading volumes increased nearly 7 times to 1,47,920 equity shares as compared to its five-day average of 22,034 shares.
The stock lost more than 15 percent in two sessions. At 15:19 hours IST, the share was down 8.16 percent to Rs 294.25 on Bombay Stock Exchange.
The share touched its 52-week high Rs 386.95 and 52-week low Rs 268.00 on 22 February, 2013 and 11 May, 2012, respectively.
Currently, it is trading 23.96 percent below its 52-week high and 9.79 percent above its 52-week low.
Market capitalisation of the company currently stands at Rs 3,220.74 crore.
Prakash Gaba of prakashgaba.com feels that Mcleod
ICICI Direct is bullish on McLeod Russel has recom
Sudarshan Sukhani of s2analystics.com is of the vi
Mcleod Russel India Ltd has informed BSE that the
However, production during the quarter was higher