CCL Products share price: Buy CCL Products India, target price Rs 490: HDFC Securities -growmudra

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Buy CCL Products India, target price Rs 490: HDFC Securities

16 Dec , 2021 By : monika singh

Buy CCL Products India, target price Rs 490: HDFC Securities

HDFC Securities has buy call on CCL Products NSE -0.94 % India with a target price of Rs 490. The current market price of CCL Products India Ltd. is Rs 408.95.

Time period given by analyst is 3 months when CCL Products India Ltd. price can reach defined target.

CCL Products India Ltd., incorporated in the year 1961, is a Mid Cap company (having a market cap of Rs 5436.19 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-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 336.83 Crore, up 3.25 % from last quarter Total Income of Rs 326.23 Crore and up 4.53 % from last year same quarter Total Income of Rs 322.22 Crore. Company reported net profit after tax of Rs 49.34 Crore in latest quarter.

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