Took Support From Major Levels and Broke Swing High.

6 nov.

CCL Today Broke Swing Highs With Heavy Volumes on Back of Excellent Q2 FY 24-25 Results, after taking support from key levels.

On a YoY basis, EBITDA and PBT grew by 24% and 25% to ₹138 crore and ₹87 crore, respectively during the quarter. Rising volumes and value-accretive businesses largely drove the growth in EBITDA. Going ahead, they expect EBITDA growth to be largely driven by volume growth and not margin improvements from a long-term perspective.

CCL is engaged in coffee production, trading and distribution. The company's business operations are mainly in India, Vietnam, and Switzerland.

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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.