Exit CCL products at market price. Accumulate on dips towards 240-250.
Below average set of numbers from CCL Product. Fundamental fair value is near 260. Exit and buy on dips towards 240-250. We expect the stock to post good numbers way forward and the fair price may jump to 380 on decent numbers in the coming quarters.
Currently stock likely to dip and bottom out near 250. We have a yearly target of 350-380. This can happen on 2 decent quarterly numbers in next 3-4 quarter.