Dhunseri Tea will be good investment bet: Agarwal

Published on Fri, Sep 30, 2005 at 12:27 |  Source : Moneycontrol.com

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Alok Agarwal, Motilal Oswal Securities, feels that Dhunseri Tea and Industries will be a good investment bet in the second half of the current year.

Agarwal told CNBC-TV18, "Dhunseri Tea and Industries is a small nice compact company. 40% of its sales come from branded tea. It is trading below its book value. It will gain in terms of prices in the next one-two years. It is also looking at acquiring Dumduma Tea. It will be a good investment bet in the second half of the current year."

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