Stocks to buy, May 8 -- CCL Products (India) share price rallied 30% over the last two sessions to hit a 4-month high of Rs.772 apiece, driven by the company's stellar March quarter (Q4FY25) performance, which came in above Street estimates.
The strong results sparked a surge in demand for the company's shares on Dalal Street, even as the broader Indian stock market remained volatile amid heightened geopolitical tensions. The impressive Q4 performance also prompted several brokerages to revise their target prices upward, as they believe CCL Products is well-positioned for double-digit volume growth.
This optimism is backed by the ramp-up in Vietnam operations, a rising share of specialty coffee (now 5% of sales), and the company's cost-...
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