Dabur India gains after execution of bulk deal on counter

Dabur India rose 1.19% to Rs 250.05 at 14:30 IST on BSE after a large bulk deal of 1.26 crore shares was executed on the counter at Rs 250.55 per share at 13:33 IST on BSE today, 19 January 2016.

Meanwhile, the BSE Sensex was up 272.26 points, or 1.13%, to 24,459.32.

Huge volumes were witnessed on the counter following a bulk deal. On BSE, so far 1.27 crore shares were traded in the counter, compared with an average volume of 62,617 shares in the past one quarter. The stock hit a high of Rs 254.10 and a low of Rs 246.60 so far during the day. The stock hit a record high of Rs 316.50 on 6 August 2015. The stock hit a 52-week low of Rs 245.25 on 18 January 2016. The stock had underperformed the market over the past one month till 18 January 2016, sliding 9.93% compared with Sensex's 5.22% fall. The scrip had, however, outperformed the market in past one quarter, declining 9.34% as against Sensex's 11.12% fall.

The large-cap company has an equity capital of Rs 175.91 crore. Face value per share is Re 1.

On a consolidated basis, net profit of Dabur India rose 18.7% to Rs 341.13 crore on 8.7% rise in net sales to Rs 2092.09 crore in Q2 September 2015 over Q2 September 2014.

Dabur India is a leading consumer goods company in India.

Powered by Capital Market - Live News