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CCL Products: Earnings growth on the back of capacity expansion

Nandish Shah   •

CCL is targeting more than 40 percent growth in FY23 in the domestic market on the back of higher distribution in south and north India.

Arvind Smartspaces | CMP: Rs 279.90 | The share price surged over 7 percent after the real estate development company announced that its wholly owned subsidiary Arvind Homes Pvt. Ltd. has launched and sold the entire first phase of its residential plotting project, Arvind Greatlands in Devanahalli, Bengaluru on November 26. The first phase of this project, comprising 400 plots with a saleable area of ~0.57 million sq. ft. amounting to a booking value of more than Rs 200 crore, was sold out in 10 hours, the company said in a regulatory filing.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More