Dabur India trades in green on the BSE
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Dabur India is currently trading at Rs. 546.70, up by 1.55 points or 0.28% from its previous closing of Rs. 545.15 on the BSE.
The scrip opened at Rs. 547.70 and has touched a high and low of Rs. 552.00 and Rs. 545.10 respectively. So far 17646 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 658.75 on 24-Sep-2021 and a 52 week low of Rs. 482.20 on 17-Jun-2022.
Last one week high and low of the scrip stood at Rs. 552.25 and Rs. 539.80 respectively. The current market cap of the company is Rs. 96966.67 crore.
The promoters holding in the company stood at 67.38%, while Institutions and Non-Institutions held 24.26% and 8.36% respectively.
Dabur India is all set to acquire entire stake in Asian Consumer Care. For the same, the company through its subsidiaries Dabur International and Dabur (UK) has decided to purchase 84,79,187 equity shares & 1,000 equity shares, respectively, of Asian Consumer Care (subsidiary company of Dabur India) from the JV partner Advanced Chemical Industries as per the JVA Termination and Share Purchase Agreement to be executed.
Dabur held 76 per cent stake in the firm before acquisition through its subsidiary Dabur International, while the remaining 24 per cent was held by Advanced Chemical Industries. The company will acquired 24 per cent stake for 60 crore Bangladeshi taka which, according to present exchange rate, comes to around Rs 51 crore.
Dabur India is one of the largest FMCG Company in India.
