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16-Aug2016

Dabur India rises on buzz of planning to start an online platform for selling products

Dabur India is currently trading at Rs. 299.60, up by 3.85 points or 1.30% from its previous closing of Rs. 295.75 on the BSE.

The scrip opened at Rs. 299.00 and has touched a high and low of Rs. 301.60 and Rs. 292.65 respectively. So far 59942 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 320.30 on 14-Jul-2016 and a 52 week low of Rs. 231.30 on 27-Jan-2016.

Last one week high and low of the scrip stood at Rs. 299.70 and Rs. 282.50 respectively. The current market cap of the company is Rs. 52703.87 crore.

The promoters holding in the company stood at 68.02%, while Institutions and Non-Institutions held 25.31% and 6.67% respectively.

Dabur India is reportedly planning to start an online platform where it will sell products of other companies, along with its own. The platform is likely to go live next year. The fast-moving consumer goods (FMCG) major would sell ayuveda-based health care products, along with providing information on ailments and therapy.

Dabur India is one of the largest FMCG Company in India. Building on a legacy of quality and experience of over 125 years, Dabur operates in key consumer products categories like Hair Care, Oral Care, Health Care, Skin Care, Home Care & Foods.

 

 


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