Stories
CCL Products Shares Crash By 9 Percent Marking Sharpest Fall In Six Years
M
Moneycontrol•16-10-2026, 15:54
CCL Products Shares Crash By 9 Percent Marking Sharpest Fall In Six Years
- •CCL Products shares witnessed their biggest intra-day fall since March 2020, dropping nearly nine percent during the session.
- •Despite a rise in net profit and revenue for the September quarter, static EBITDA margins triggered massive selling pressure.
- •The stock settled over seven percent lower on the BSE following weak investor sentiment despite strong quarterly numbers.
- •Net profit for the second quarter surged over twenty-eight percent year-on-year to one hundred thirty crore rupees.
- •Out of twelve analysts covering the stock, eight have given a buy rating while four suggest holding the shares.
Key Questions Answered
CCL Products experienced its sharpest intra-day decline since March 2020, dropping around 9%, after reporting steady margins despite an increase in quarterly net profit and revenue.
In the second quarter of fiscal year 2027, CCL Products reported a 28.97% year-on-year increase in net profit reaching ₹130.09 crore, while revenue from operations rose by 7.46% to ₹1,210.76 crore.
Despite the recent sharp downward price pressure, none of the 12 analysts covering CCL Products have issued a sell rating, with eight recommending a buy and four advising a hold.
