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    Buy CCL Products India, target price Rs 525: Centrum Broking

    Synopsis

    CCL Products India Ltd. key Products/Revenue Segments include Coffee and Other Services for the year ending 31-Mar-2022.

    buy, sellGetty Images
    Promoters held 46.26 per cent stake in the company as of 30-Jun-2022, while FIIs owned 5.8 per cent, DIIs 22.34 per cent.
    Centrum Broking has buy call on CCL Products India with a target price of Rs 525. The current market price of CCL Products India Ltd. is Rs 494.7.

    CCL Products India Ltd., incorporated in the year 1961, is a Mid Cap company (having a market cap of Rs 6636.10 Crore) operating in Tea / Coffee sector.

    CCL Products India Ltd. key Products/Revenue Segments include Coffee and Other Services for the year ending 31-Mar-2022.


    Financials
    For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 509.51 Crore, up 34.27 % from last quarter Total Income of Rs 379.47 Crore and up 56.18 % from last year same quarter Total Income of Rs 326.23 Crore. Company reported net profit after tax of Rs 52.74 Crore in latest quarter.



    Promoter/FII Holdings
    Promoters held 46.26 per cent stake in the company as of 30-Jun-2022, while FIIs owned 5.8 per cent, DIIs 22.34 per cent.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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