CCL Products soars on planning to invest $20 million in FY20

14 Aug 2019

CCL Products (India) is currently trading at Rs. 245.90, up by 3.50 points or 1.44% from its previous closing of Rs. 242.40 on the BSE.

The scrip opened at Rs. 249.95 and has touched a high and low of Rs. 249.95 and Rs. 242.00 respectively.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 306.40 on 13-Mar-2019 and a 52 week low of Rs. 225.05 on 25-Oct-2018.

Last one week high and low of the scrip stood at Rs. 249.45 and Rs. 239.80 respectively. The current market cap of the company is Rs. 3271.16 crore.

The promoters holding in the company stood at 45.28%, while Institutions and Non-Institutions held 30.68% and 24.04% respectively.

CCL Products (India) is planning to invest $20 million during the current fiscal (FY20) to enhance capacities and infrastructure. The company will spend $12 million on the agglomeration and packaging unit in India (Chittoor plant) and $8 million in Vietnam plant capacity enhancement.

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

Related CCL Products (India) Ltd. Links:

CCL Products (India) Share Price

266.00 -1.40 (-0.52%) Sep 30, 14:45
1 Year Price Chart
Peers
Company Name CMP
Mcleod Russel 18.80
CCL Products (India) 266.00
Tata Coffee 104.90
Jay Shree Tea 59.50
Rossell India 151.00
View more..
Sensex vs CCL Products (India)
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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