CCL Products

After a breakout, stocks like Tata Coffee, CCL Products, Jay Shree Tea & Industries and McLeod Russel India may easily see up to 20 per cent gains

The technical analyst from HDFC Securities also recommends buying CCL Products and Torrent Pharma.

According to market players, the GMP for CarTrade is 25 per cent, while Nuvoco Vistas is less than 10 per cent, over their offer price.

Above 15,900, Nifty could move towards 16,300 target, while any level below 15,673 could drag Nifty towards 15,500 support

With the launch of multiple products in both instant and filter coffee categories in different sizes and across different price points, the company hopes to double the revenues

BS ReporterHyderabad, 8 September: The shares of CCL Products(India) Limited rose as much as 13 percent in the early trading on Bombay Stock Exchange on Friday after the company informed the stock exchanges that the Reserve Bank of India(RBI) has given approval to increase foreign institutional investor(FII)/ foreign portfolio investor(FPI) investment limit under Portfolio Investment Scheme from existing 24 percent to 40 percent.The company at its annual general meeting(AGM) on July 11,2017 approved a resolution to increase FII/FPI investment limit to 40 percent after the foreign portfolio investors' exposure reached to the existing investment limit. " We had decided to enhance the FII/FPI investment limit under pressure from these investors who seek to further increase their exposure in the company. This comes as an opportunity to reinforce the market capitalisation of CCL Products," a senior CCL official told Business Standard. Engaged in the manufacture of a variety of instant ...

The stock dipped 7% to Rs 242 after reporting a 55.7% YoY drop in consolidated net profit at Rs 12.96 crore in Q2FY17.

Proposed to be completed in December, 2017.

The stock surged 15% to Rs 223 after the company posted 70% YoY jump in profit at Rs 36.66 crore in Q4FY16.