As the consumption of tea is increasing regularly and the tea plantation is not expanding accordingly in future tea become a luxury item.
considerable stocks are MCLEODRUSS,AVTNPL etc
Actually I recommended this stock as an alternative to mutual fund with time horizon of at least 3 years ,You can invest in the stock for a one year time frame around 140 as nifty is going to face a small correction from here.At 140 considering the 52 week low as stop loss( I just average at this level) a Rs.20 risk and 52 week high as target price 219 (I expect 250) a profit of 80 is expected.When investing in tea sector distribute your amount in Mcleod Russel India Limited and AVTNPL which is also a professionally managed company. Harrisson Malyalam plantation had some problems from state govt,(avoid it).Im still holding avtnpl brought at 27
This is all on reading charts now though i am not a Pro..Just a gut feeling this stock if kept for a year can go 220+ till 260