CCL Products (India) Ltd: A Top Performer in the Tea and Coffee Industry

Sep 04 2024 01:15 PM IST
share
Share Via
CCL Products (India) Ltd, a leading tea and coffee company, has been a top performer in the stock market with an 8.0% gain on September 4th. Renowned stock analysis platform, MarketsMojo, has given a 'Buy' call for the company, which has also hit a new 52-week high. The stock has consistently outperformed the sector and Sensex, showcasing its strong growth potential.

CCL Products (India) Ltd, a leading player in the tea and coffee industry, has been making waves in the stock market with its recent performance. On September 4th, the company's stock gained 8.0%, making it a top performer in the midcap category.

MarketsMOJO, a renowned stock market analysis platform, has given a 'Buy' call for CCL Products (India) Ltd, further solidifying its positive outlook. The stock has also hit a new 52-week high of Rs. 756.2, showcasing its strong growth potential.

In today's trading session, CCL Products (India) Ltd has outperformed the sector by 5.52%, reaching an intraday high of Rs. 756.2, which is a 4.74% increase from the previous day. The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In comparison to the Sensex, CCL Products (India) Ltd has shown a remarkable 1-day performance of 6.97%, while the Sensex has seen a decline of 0.43%. Over the past month, the company's stock has outperformed the Sensex by 17.12%, showcasing its consistent growth.

CCL Products (India) Ltd's impressive performance can be attributed to its strong presence in the tea and coffee industry, which has seen a surge in demand due to the ongoing pandemic. With its consistent growth and positive outlook, CCL Products (India) Ltd is definitely a stock to watch out for in the midcap category.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News