News
The last 3 days, each article summarised and scored by gemini-3.5-flash-lite. 246 of 250 scored today.
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Earnings-led sell-off drags multibagger CCL Products to 7-month low. Can it fall further? Axis Direct rationale
Shares of CCL Products dropped to a seven-month low following a post-earnings sell-off driven by lower coffee realisations and below-estimate numbers. Despite trimming earnings estimates and lowering the target price to ₹1,255, domestic brokerage Axis Direct has maintained its 'Buy' rating due to intact long-term growth prospects. Management remains confident about passing on incremental costs, robust FDC demand, and eventual capacity expansion plans.