 "Dabur gains on board nod for capex at North East facility")
Shares of Dabur were up over 2% at Rs 275 on the Bombay Stock Exchange after the company said that its board with a view to meet the growing demand for products approved capital expenditure of Rs 250 crore for setting up a manufacturing plant at Tezpur, Assam.
The capex will be financed through internal accruals and the plant is likely to commence operations in the year 2017, the company said in a release.
The stock opened at Rs 273 and touched a high of Rs 279. At 12:05pm, over 1.86 million shares were traded on both the stock exchanges.
