External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<div><div><div><div><ul><li>CCL Products (CCLP) delivered a strong topline growth with consolidated revenue of Rs 507Cr, up 50% YoY.</li><li>The growth was on account of robust volume growth of ~25% and higher realizations during the quarter.</li><li>The company reported a GPM of 44.6% was down 811bps YoY however it was up 331bps sequentially as coffee prices see downward trend. </li></ul></div></div></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

CCL Products (CCLP) delivered a strong topline growth with consolidated revenue of Rs 507Cr, up 50% YoY.The growth was on account of robust volume growth of ~25% and higher realizations during the quarter.The company reported a GPM of 44.6% was down 811bps YoY however it was up 331bps sequentially as coffee prices see downward trend. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CCL Products Ltd - Volume and Margins Are Likely to Sustain; Maintain BUY

CCL Products India

CCL Products Ltd - Volume and Margins Are Likely to Sustain; Maintain BUY