CCL Products (India) Ltd's Stock Price Reaches 52-Week High, Outperforms Sector

Aug 16 2024 01:05 PM IST
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CCL Products (India) Ltd, a midcap company in the tea/coffee industry, has seen a surge in its stock price, reaching a 52-week high of Rs 693.95 on August 16, 2024. The stock has outperformed the sector and has been on a consecutive gain for the last three days. It is currently trading higher than its moving averages, indicating a positive trend. In the last year, the stock has shown a 14.49% increase, outperforming the Sensex's performance of 22.29%.

CCL Products (India) Ltd, a midcap company in the tea/coffee industry, has recently seen a surge in its stock price. On August 16, 2024, the company's stock price touched a 52-week high, reaching Rs 693.95. However, according to MarketsMOJO, the stock is currently rated as 'Hold'.

The stock's performance today has outperformed the sector by 0.31%, and it has been on a consecutive gain for the last three days, with a 2.74% increase in returns during this period. The stock also touched an intraday high of Rs 678.15, showing a 2.03% increase.

CCL Products (India) Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price.

In comparison to the Sensex's performance of 22.29%, CCL Products (India) Ltd has shown a 14.49% increase in the last year. This midcap company in the tea/coffee industry has been steadily growing and is expected to continue its positive performance in the future.
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