CCL Products (India) Ltd sees significant stock price increase, outperforms sector and market

Nov 06 2024 09:30 AM IST
share
Share Via
On November 6, 2024, CCL Products (India) Ltd, a midcap company in the tea/coffee industry, saw a significant increase in its stock price, outperforming the sector by 7.6%. The stock opened with a gain of 2.49% and reached an intraday high of Rs 722.75, showing strong buying interest. It is currently trading higher than its moving averages and has outperformed the overall market performance. MarketsMojo has given a 'Hold' call for the stock, indicating its positive trend.

CCL Products (India) Ltd, a midcap company in the tea/coffee industry, has seen a significant increase in its stock price on November 6, 2024. The stock has gained 8.35%, outperforming the sector by 7.6%. This positive trend comes after two consecutive days of falling stock prices.

The stock opened with a gain of 2.49% today and reached an intraday high of Rs 722.75, showing a high volatility of 158.32%. This indicates a strong buying interest in the stock.

CCL Products (India) Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors.

In comparison to the overall market performance, CCL Products (India) Ltd has outperformed the Sensex by a significant margin. Its 1-day performance is 8.59% compared to Sensex's 0.49%, and its 1-month performance is 7.39% while Sensex has seen a decline of -2.24%.

With these positive indicators, MarketsMOJO has given a 'Hold' call for CCL Products (India) Ltd. This midcap company in the tea/coffee industry has shown strong performance and is expected to continue its upward trend. Investors are advised to keep a close watch on the stock and make informed decisions.
{{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