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.
Going forward there is an expectation of prices fi
In an interview to CNBC-TV18, Mayuresh Joshi of An
Mitesh Thacker of miteshthacker.com advises buying