2 weeks ago

Axis Direct sees 10% upside in CCL Products multibagger stock

Axis Direct sees 10% upside in CCL Products multibagger stock
Up over 110% in one year: Axis Direct sees another 10% upside in this multibagger stock · livemint.com

A big money expert company called Axis Direct thinks a coffee company called CCL Products will keep doing well.

They say its stock price can go up by another 10 percent.

CCL Products makes coffee and sells it in places like Delhi and Mumbai.

In the last three months, the company made more money than before.

Its sales grew by almost 14 percent, and it sold 20 percent more coffee.

The company also paid off some of its debts, which is a good sign.

Coffee prices have been steady, which helps the company plan ahead.

The stock has already gone up a lot in the past year, making investors happy.

Axis Direct believes the company will keep growing for the next few years.

Key facts

Target price
₹1,245
Current market price
₹1,130
Q1 FY27 revenue growth
13.7% YoY
Volume growth
20%
EBITDA growth
21.7% YoY
EBITDA margin
16.1%
Net debt
₹963 crore
Stock return since March 2025
115%

Sources

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