CMP: 252


McLeod Russel India Ltd. cultivates, manufactures, and markets tea. The Group owns tea estates in Assam and Dooars.

McLeod Russel is an excellent mid-cap stock to invest for long term. Its revenues have been steady and doubled in the last 5 ye ars. Whats most impressive is that, its PAT has grown over 10 fold in the same period on the back NPM growth. NPM has grown from 4% to as high as 22% in the last 5 years which is very impressive. NPM growth still seems to be on which makes it a very good buy. Buy, accumulate on dips and hold for long term gains.