Dabur India gains on adding two lakh outlets in sales network in FY24
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Dabur India is currently trading at Rs. 630.10, up by 1.00 points or 0.16% from its previous closing of Rs. 629.10 on the BSE.
The scrip opened at Rs. 630.55 and has touched a high and low of Rs. 631.45 and Rs. 626.50 respectively. So far 366168 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 637.20 on 10-Jul-2024 and a 52 week low of Rs. 489.00 on 16-Apr-2024.
Last one week high and low of the scrip stood at Rs. 637.20 and Rs. 610.50 respectively. The current market cap of the company is Rs. 111620.17 crore.
The promoters holding in the company stood at 66.25%, while Institutions and Non-Institutions held 28.35% and 5.40% respectively.
Dabur India has added two lakh outlets in its sales network in FY24, which is the highest addition by any FMCG company in the country. The company now has one of the largest and deepest distribution networks in the industry, covering over 7.9 million retail outlets and reaching 1,22,000 villages. Besides, Dabur's newly carved out therapeutics division is scaling up well with company’s coverage now extending to 1.1 lakh Ayurvedic and Allopathic doctors. In FY24 Dabur rolled out 14 new products in line with its strategy to expand its premium portfolio as well total addressable market.
Dabur India is one of the largest FMCG Company in India.
