Sharmila Joshi, FairWealth Securities feels investors can buy CCL Products with a target of Rs 203.50.
Joshi told CNBC-TV18, "I am long on is CCL Products. This I buy with a target of Rs 203.50 and a stop loss at Rs 194.70. This of course because of the fact that coffee prices internationally are on the increase and the stock trades at deep valuation discount of Tata Coffee so CCL products is my next buy with a target of Rs 203.50.