Buy Mcleod Russel with target of Rs 295: Joshi

Buy Mcleod Russel with a target of Rs 295, says Sharmila Joshi of Fairwealth Securities.

Joshi told CNBC-TV18, "Buy Mcleod Russel with a target of Rs 295 and a stop loss of Rs 282.25. The increase in the production that they have seen and they are likely to cross 100 million kg this year. The fact that they have seen an increase of Rs 15 per kg on tea prices and also the fact that exports continue to look robust on the back of the crop failure in Kenya. So it