Dabur India lost 2% to Rs 178.85 at 14:37 IST on BSE after consolidated net profit rose 23.4% to Rs 249.74 crore on 14.49% growth in total income to Rs 1776.79 crore in Q2 September 2013 over Q2 September 2012.
The Q2 result was announced during trading hours today, 28 October 2013.
Meanwhile, the S&P BSE Sensex was down 70.07 points or 0.34% at 20,613.45.
On BSE, 2.98 lakh shares were traded in the counter as against average daily volume of 1.09 lakh shares in the past one quarter.
The stock was volatile. The stock lost as much as 2.3% at the day's low of Rs 178.30 so far during the day. The stock rose as much as 1.31% at the day's high of Rs 184.90 so far during the day, which is also its record high for the counter. The stock had hit a 52-week low of Rs 120.90 on 23 November 2012.
The stock had outperformed the market over the past one month till 25 October 2013, surging 9.12% compared with the Sensex's 4.17% rise. The scrip had also outperformed the market in past one quarter, advancing 6.79% as against Sensex's 4.44% rise.
The large-cap FMCG firm has equity capital of Rs 174.38 crore. Face value per share is Re 1.
Shares of Dabur India witnessed a pre-result rally. The stock had rallied 9.47% to settle at Rs 182.50 on Friday, 25 October 2013 from Rs 166.70 on 17 October 2013.
Dabur India is one of India's leading FMCG companies. Dabur operates in key consumer product categories like hair care, oral care, health care, skin care, home care and foods.
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