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CCL Products zooms as RBI withdraws restrictions on foreign investors’ investment

08 Sep 2017 Evaluate

CCL Products (India) is currently trading at Rs. 312.20, up by 27.55 points or 9.68% from its previous closing of Rs. 284.65 on the BSE.

The scrip opened at Rs. 295.50 and has touched a high and low of Rs. 323.00 and Rs. 295.50 respectively. So far 48834 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 371.80 on 02-Mar-2017 and a 52 week low of Rs. 229.00 on 02-Nov-2016.

Last one week high and low of the scrip stood at Rs. 323.00 and Rs. 280.90 respectively. The current market cap of the company is Rs. 4062.01 crore.

The promoters holding in the company stood at 44.83%, while Institutions and Non-Institutions held 27.94% and 27.23% respectively.

The Reserve Bank of India (RBI) has withdrawn the restrictions placed on the purchase of shares by FIIs/FPIs of CCL Products (India) with immediate effect and now FIIs/FPIs investment limit under Portfolio Investment Scheme in the company is allowed up to 40%.

Earlier, RBI had approved the resolutions passed at Board of Directors’ level and in Shareholders meeting for increasing the FII/FPI investment limit under Portfolio Investment Scheme from 24% to 40%, of the paid up capital of the company.

CCL Products (India) is engaged in the manufacturing of instant coffee. The company operates through the Coffee and Coffee related products segment.

CCL Products (India) Share Price

1088.60 17.65 (1.65%)
17-Apr-2026 16:59 View Price Chart
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