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Dabur India gains after huge block deal

Around 12.7 million shares representing 0.72% of total equity of Dabur India changed hands on BSE at 01:33 p.m.

Dabur India gains after huge block deal

SI Reporter Mumbai
Dabur India has moved higher by 3% to Rs 254 on the BSE after huge block deal executed on the counter.

At 01:33 p.m. around 12.7 million equity shares representing 0.72% of total equity of Dabur India changed hands, the BSE data shows.

Baring India Pvt Equity Fund III Listed Investments Ltd and Matthews Pacific Tiger Fund held 1.2% stake each in the company. Life Insurance Corporation of India holding 3.06% stake in personal products maker at the end of September 2015 quarter.

At 01:47 p.m. the stock was up 1.5% at Rs 251 on the BSE as compared to 1.3% rise in the S&P BSE Sensex.

The stock touched 52-week low of Rs 245 on BSE in intra-day trade on January 18.
 

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First Published: Jan 19 2016 | 1:49 PM IST

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