Stock under Rs 30: Back-to-back upper circuit in this penny stock; hits fresh 52-week high!
In the last year, the stock has gained more than 50 per cent.
Shares of CCL International Limited were locked in the upper circuit in the morning trade, gaining 10 per cent. In the last 5 trading sessions, the stock has gained about 70 per cent. Today, the stock also made a new 52-week high at Rs 27.39.
CCL International Limited was incorporated in 1991, the company is an infrastructure company, engaged in the business of executing major civil works including roads, bridges, and highways across India. The company introduced a German Technology which is Evocrete®ST used in various regions in its road construction activities. The company secured multiple infrastructure development contracts for building roads and highways in several areas of the country. These projects rely on a soil stabilization technology that involves mixing soil with appropriate amounts of cement and water to form a durable concrete slab.
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Today, the stock opened at Rs 27.15, with a high and low of Rs 27.39 and Rs 22.55. The stock previously closed at Rs 24.90. Currently, the stock is trading at Rs 24.94, up by 0.16 per cent.
The stock has a 52-week high of Rs 27.39 and a 52-week low of Rs 12.16. The company has a ROCE of 1.83 per cent and an ROE of 0.26 per cent with a market capitalisation of Rs 46.8 crore.