Dabur India gains after decent Q2 numbers

Dabur India rose 2.41% to Rs 291.30 at 14:40 IST on BSE after net profit rose 5% to Rs 357.27 crore on 2.76% increase in total income to Rs 2070.87 crore in Q2 September 2016 over Q2 September 2015.

The result was announced during trading hours today, 26 October 2016.

Meanwhile, the BSE Sensex was down 279.88 points, or 1%, to 27,811.54.

On BSE, so far 3.33 lakh shares were traded in the counter, compared with average daily volume of 71,591 shares in the past one quarter. The stock hit a high of Rs 295.50 and a low of Rs 280.15 so far during the day. The stock hit a record high of Rs 320.30 on 14 July 2016. The stock hit a 52-week low of Rs 231.30 on 27 January 2016. The stock had outperformed the market over the past 30 days till 25 October 2016, rising 1.12% compared with 0.72% decline in the Sensex. The scrip had, however, underperformed the market in past one quarter, falling 7.50% as against Sensex's 0.24% rise.

The large-cap company has equity capital of Rs 176.15 crore. Face value per share is Re 1.

Dabur India is one of the largest FMCG companies in India. The company operates in key consumer products categories like hair care, oral care, health care, skin care, home care & foods.

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