Investors need to be mindful of volatility in the midcap space and should capitalise on the weakness
Amongst the four stocks, Sanwaria and GAEL trading at 7.0x and 11.6x one year forward price-earnings multiple offer attractive risk-reward ratio at current valuations
CCL Products India posted strong revenue growth on a low base in Q2 but margins were hit due to higher raw material costs. In an interview to CNBC-TV18, C Srishant, MD of CCL Products discussed the company's Q2 performance.
In an interview to CNBC-TV18, C Rajendra Prasad, CMD of CCL Products spoke about the results and his outlook for the company.
SP Tulsian in an interview to CNBC-TV18 shared his fundamental view on stocks that posted earnings like TVS Motors, ICICI Bank, MRF, CCL and others.
CCL Products earns around Rs 20 to 25 crore in India, of which 50 percent comes from its own brand. But C Rajendra Prasad, Chairman and Managing Director, CCL Products, expects the company will earn around Rs 100 to 150 crore from its own brand in the next three to five years in India.
Improvement in margins takes place with addition of specialty value added products says C Rajendra Prasad, Chairman and Managing Director of CCL Products.
In an interview with CNBC-TV18, C Rajendra Prasad, Chairman & Managing Director of CCL Products said the company plans to expand production capacity and add new products this year.
In an interview with CNBC-TV18, C Rajendra Prasad, CMD, CCL Products, discussed the company's fourth quarter earnings.