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Camellia Plc Announces Sale of Chulsa Tea Estate

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An update from Camellia ( (GB:CAM) ) is now available.

Camellia Plc, through its subsidiary Goodricke Group Limited, has announced the proposed sale of its Chulsa Tea Estate on the Bombay Stock Exchange for approximately INR 181 million. This transaction, expected to be completed by mid-March 2025, is part of the company’s strategic efforts to optimize its portfolio and potentially enhance its market positioning.

More about Camellia

Camellia Plc operates in the agriculture sector, primarily focusing on the production and sale of tea through its subsidiary, Goodricke Group Limited, based in India.

YTD Price Performance: -0.42%

Average Trading Volume: 803

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £129.4M

For detailed information about CAM stock, go to TipRanks’ Stock Analysis page.

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