 "Tea stocks surge on hopes of higher realisations as prices rise")
After a period of prolonged uncertainty in tea producing companies, optimism suddenly seems to have returned in the industry as the scrips of tea producing firms rallied on the Bombay Stock Exchange today with hopes of the balance sheet getting better in the near term.
Shares of McLeod Russel surged by 11.49 per cent at Rs. 192.15 apiece while Rossell India's shares surged by 7.73 per cent at Rs. 119.15 per share on the BSE. Goodricke Group's scrip went up by 5.23 per cent at Rs. 405.15 per share and James Warren Tea's shares jumped 4.70 per cent to close at
