At the CMP of Rs. 161 the stock is available at a PE multiple of just 6.7 times. The company whose face value is Rs. 5 declared 60% (Rs. 3) dividend this year.
52 week High/Low for the stock is 210 / 136.
If tea prices continue to remain high it should create positive sentiment about the sector in coming days and company being the direct beneficiary of higher tea prices should also register higher topline and bottomline in FY-2012 .
Hence InvestorZclub believes that the stock might provide a decent return of 10% - 20% in 3 to 6 months time frame.