India's CCL Products jumps on higher Q2 profit

CCL Products (India)

06/11/2024 08:42

** Shares of CCL Products (India)  CCLP.NS  rise as much as
12.3% to 751.7 rupees; last up 8.7%, 
    ** Coffee producer says its Q2 consol profit jumped 21.5% to
739.5 mln rupees ($8.8 mln), revenue also increased 21.5% 
    ** Stock set to rise most in a day in two months
    ** More than 7.4 mln shares traded, 53.2x 30-day moving avg
    ** Including day's move, stock extends YTD gains to ~13%


($1 = 84.2250 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))