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Dabur pares gain, ends flat

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BS Reporter Mumbai

The stock ended flat at Rs 127 with trades of over 50,700 shares on the BSE today.
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(Updated at 1031 hrs)

FMCG major Dabur has gained on plans of setting up a second manufacturing unit in Egypt as part of its expansion plan in the region.

The stock opened at Rs 129, touched a low of Rs 127. The scrip is now trading at Rs 128.50. up 1.5% from the previous close. The counter has clocked volume of 5,465 shares on the BSE.

The company also aims to increase contribution from international markets from 20% to 25% in its over all business in the next two-three years. The company has a sizeable presence in the Middle East and North Africa.

 

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First Published: Sep 14 2009 | 4:10 PM IST

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