Dabur India fell 0.92% to Rs 269.75 at 15:24 IST on BSE, with the stock cutting intraday losses after consolidated net profit rose 16.6% to Rs 331.90 crore on 10.9% growth in net sales to Rs 2157.30 crore in Q4 March 2016 over Q4 March 2015.
The result was announced during market hours today, 28 April 2016.Meanwhile, the S&P BSE Sensex was down 460 points or 1.76% at 25,604.12.
On BSE, so far 3 lakh shares were traded in the counter as against average daily volume of 50,685 shares in the past one quarter. The stock was volatile. The stock lost as much as 3.47% at the day's low of Rs 262.80 so far during the day. The stock rose as much as 1.01% at the day's high of Rs 275 so far during the day. The stock had hit a 52-week low of Rs 231.30 on 27 January 2016. The stock had hit a record high of Rs 316.50 on 6 August 2015.
The large-cap company has equity capital of Rs 176.09 crore. Face value per share is Rs 1.
Dabur India said that it has reported good growth across its key categories like oral care, home care, foods and hair oils in Q4 March 2016 in a challenging macro environment and amid softening consumer demand. The company's Chief Executive Officer Sunil Duggal said that going forward, the company will leverage its strong herbal heritage and product portfolio to take advantage of the growing consumer preference for natural and ayurvedic products.
Dabur India is one of the largest FMCG companies in India. The company operates in key consumer products categories like hair care, oral care, health care, skin care, home care & foods.
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