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Indian-Commodity  :  Equity & Shares  :  Dabur India trades in green on the bourses

Dabur India trades in green on the bourses (19-May-2017)

Dabur India is currently trading at Rs. 275.90, up by 3.45 points or 1.27% from its previous closing of Rs. 272.45 on the BSE.

The scrip opened at Rs. 275.95 and has touched a high and low of Rs. 279.30 and Rs. 274.70 respectively. So far 60,000 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. 258.80 on 26-Dec-2016.

Last one week high and low of the scrip stood at Rs. 281.70 and Rs. 271.30 respectively. The current market cap of the company is Rs. 48,600.00 crore.

The promoters holding in the company stood at 68.04%, while Institutions and Non-Institutions held 25.75% and 6.21% respectively.

Dabur India's step down wholly owned subsidiary - Dabur South Africa, has entered into a share purchase agreement (SPA) on May 17, 2017 to acquire two entities in South Africa on or before June 01, 2018. The company will acquire D&A Cosmetics, a company incorporated and registered in accordance with the laws of the Republic of South Africa and Atlanta Body & Health Products, a company incorporated and registered in accordance with the laws of the Republic of South Africa.

D&A is engaged in the business of development, manufacturing, packaging and sale and distribution of personal care products, Hair Care and Creams to wholesale and retail customers within South Africa, as well as Namibia, Swaziland, Botswana and Lesotho.

Atlanta is engaged in the business of sales and distribution of Long & Lasting brand products for Salons in South Africa.


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