Jayshree Tea :- A BIRLA Product
Jay Shree Tea ( cmp 100) π» Company is a part of well diversified conglomerate of B.K Birla Group π» The company has its own tea processing factories, Tea Packaging and warehousing facilities. Besides tea, Jay Shree Tea & Industries Ltd. is also in Chemicals and Fertilizers, Sugar, Real Estate and Education sectors. π» Company has tea gardens spread across the best tea growing areas in India like Darjeeling, Assam, Doars, Cachar, South India and now with acquisition of tea gardens in Africa. π» Increase in Comodity prices is beneficial to this tea stock π» Company posted Turnaround result in Q1FY18 of 2.09 Cr profit vs 41.79 Cr loss in Q4 FY17 π» Company posted Turnaround result in FY17 YOY of 3.68 Cr profit vs 6.38 Cr loss in FY16 YOY Consolidated. π» Company's Sales are under pressure due to goods and services tax (GST), though company posted Strong Q1 result. π» Jayshree Tea expect to post Good FY18 result. π» Jayshree Tea is c...