Espresso shot of the day – CCL Products (India) Ltd up by 16.58 percent

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Espresso shot of the day – CCL Products (India) Ltd up by 16.58 percent

July 27, 2021
Espresso shot of the day – CCL Products (India) Ltd up by 16.58 percent

CCL PRODUCTS (INDIA) LTD 483.70 (+16.58%) BSE – INE421D01022 | 27TH JULY 2021


CCL Products (India) Limited, a listed public company limited by shares was founded in the year 1994 with the vision of creating only the finest and the richest coffee in the world. At CCL Products, they have taught themselves to do business with integrity, commitment, customer orientation and an unwavering effort to maintain the highest quality standards in the industry. Their strong infrastructural backbone and a global client repertoire in over 90 countries have led them to evolve into the largest instant coffee exporter in private labeling in the world.

Recent Drivers

  • India’s instant coffee export is one of the few bright spots in the economic wreckage wrought by the pandemic, experiencing a huge jump so far in 2021. Instant coffee export vaulted by about 124% to 12,078 tonnes from Jan 1 to June 11 from a year ago, per the latest Coffee Board data. That makes it the star performer among the coffee exported from the country. India exports over 70% of its coffee production. The Hyderabad-based company CCL Products (India) Ltd. is the largest instant coffee manufacturer and exporter in India. With two production units in Andhra Pradesh and one each in Vietnam and Switzerland, CCL Products accounts for over 50% of the instant coffee exported from the country.
  • Net profit of CCL Products (India) Ltd. rose 16.59% to Rs 49.20 crores in the quarter ended Mar 2021 as against Rs 42.20 crores during the quarter ended Mar 2020.
  • Sales CCL Products (India) Ltd. rose 25.32% to Rs 331.58 crores in the quarter ended Mar 2021 as against Rs 264.58 crores during the quarter ended Mar 2020.
  • On May 21, 2021, the Board of Directors of the company recommended a final dividend of Rs 2 per equity share of nominal value of Rs 2 each for the financial year 2020-21.
  • On May 21, 2021, the Board of Directors of the company conveyed acceptance for implementation of ESOPs to the eligible employees of Continental Coffee Private Limited (CCPL), wholly owned subsidiary of the company, up to 8% of the paid up share capital of the company (CCPL).
(Sources: Moneycontrol, BSEIndia, Business Standard)


Technical Force*

  • S&P BSE500 month till date gain up by 0.93%
  • Traded on all-time-high value of 495
  • 3 months avg. volume of NSE: 11,00,112
  • Quantity traded: 3,26,741 | Deliverable quantity: 58,319 (17.85%)
  • Stock price has jumped more than 120% from one-year low level: 220 (July 27, 2020)
  • Daily RSI (14) is in Overbought territory today
  • 52-week-high: 495 | 52-week-low: 220

Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

485.47

389.63

328.92

233.08

172.37

76.53

15.82

-

Fibonacci Pivot

389.63

329.83

292.89

269.09

233.08

197.08

173.28

136.34

76.53


Today’s Close

483.70

SMA

BSE

10 DAY

403.47

20 DAY

393.82

50 DAY

364.38

200 DAY

282.13


Some Key Ratios (Source: BSE)

Market Cap: 6,434.56 crores

PE: 40.55

OPM%: 59.07

ROE%: 17.09

Promoters holding%: 46.19

Prev. Close: 414.90

*Chart And Technical Force data taken from the Binge desktop app.

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.