CCL Products India Ltd proposes expansion in Vietnam

The board of directors of CCL Products India Ltd have considered and approved the proposal of Ngon Coffee Company Limited, a wholly owned subsidiary of the Company, for setting up of 6000 TPA Freeze Dried Coffee Manufacturing Facility within the existing premises at Dak Lak Province, Vietnam at an estimated project cost of USD 50 Million.

Shares of CCL Products (India) Limited was last trading in BSE at Rs. 518.60 as compared to the previous close of Rs. 516.30. The total number of shares traded during the day was 3356 in over 329 trades.

The stock hit an intraday high of Rs. 522.55 and intraday low of 516.00. The net turnover during the day was Rs. 1741770.00.

Source : Equity Bulls

Keywords

CCLProductsIndia INE421D01022 NgonCoffeeCompany Expansion Vietnam DriedCoffee ManufacturingFacility