Cash Market Market Analysis

Is CCL Products (India) Ltd. a Good Investment? A Look at the Coffee Giant

CCL Products (India) Ltd. (NSE: CCL) is a leading Indian company engaged in the production, trading, and distribution of coffee. They operate across India, Vietnam, and Switzerland.

Current Stock Price

  • ₹589.50 (as of July 4, 2024, 1:17 IST)

Recent Performance

  • Up 0.13% from the opening price today
  • Trading within the 52-week range of ₹551.60 – ₹749.50

Financials

  • Market Cap: ₹7,809.62 Cr
  • P/E Ratio: 31.67
  • Dividend Yield: 0.93%
  • ROCE: 12.42%
  • ROE: 15.80%
  • Technical Breakout in Sight?: The technical analysis paints an interesting picture. The stock has been trading sideways in a range for some time. This can be interpreted as a period of consolidation before a potential breakout. Here’s where it gets exciting: if the stock manages to close above ₹630 on a weekly basis, it could signal a significant price increase. Analysts suggest potential price targets of ₹750 and even ₹1050.

Disclaimer: The information provided in this blog post is for informational purposes only and should not be considered as financial advice. While the content is based on publicly available data and analysis, investing involves inherent risks. Please conduct your own thorough research and consult with a financial advisor before making any investment decisions.