Support and Resistance Levels
Past performance
About Goodricke Group Ltd Goodricke Group Ltd. (GGL), part of the UK-based Duncan Lawrie Group, was incorporated in 1977. It oversees numerous tea estates in West Bengal and Assam, producing and selling bulk and instant tea both domestically and internationally. The company has expanded its presence through acquisitions, notably in the Darjeeling district, and owns stakes in the Soaltee group in Nepal. Despite past challenges in exports and market competition, GGL has launched various successful brands like 'Goodricke Gold' and 'Goodricke Khaass'.
GGL has invested in infrastructure and organic conversion to enhance production capabilities, including modernizing several factories and opening new facilities. Its strategic acquisitions, like Harchurah Tea Estate and the tea business from Godfrey Phillips, have bolstered its portfolio. Additionally, GGL has ventured into retail with tea outlets in major cities, enhancing its brand presence. With a strong focus on expansion and modernization, GGL remains a significant player in the tea industry.