Dabur India rose 2.04% to Rs 230.50 at 15:10 IST on BSE after consolidated net profit rose 15.1% to Rs 287.48 crore on 10.4% growth in net sales to Rs 1924.09 crore in Q2 September 2014 over Q2 September 2013.
The Q2 result was announced during market hours today, 3 November 2014.
Meanwhile, the S&P BSE Sensex was up 7.45 points or 0.03% at 27,873.28.
On BSE, so far 3.65 lakh shares were traded in the counter as against average daily volume of 1.73 lakh shares in the past one quarter.
The stock was volatile. The stock rose as much as 2.98% at the day's high of Rs 232.65 so far during the day. The stock lost as much as 1.17% at the day's low of Rs 223.25 so far during the day. The stock had hit a record high of Rs 235.40 on 27 August 2014. The stock had hit a 52-week low of Rs 154 on 5 February 2014.
The stock had underperformed the market over the past one month till 31 October 2014, advancing 1.67% compared with Sensex's 4.64% rise. The scrip had, however, outperformed the market in past one quarter, jumping 9.29% as against Sensex's 7.61% rise.
The large-cap company has equity capital of Rs 175.64 crore. Face value per share is Rs 1.
Dabur India CEO Mr. Sunil Duggal said, "In a low growth and challenging environment where growth rates in most consumer products segments have witnessed a sharp fall, Dabur continued to report strong volume-led growth across its key categories and grow ahead of the market. We have managed our business dynamically through a combination of calibrated price increases and greater focus on cost efficiencies. We continue to invest behind our brands and have laid the foundation for strong and profitable growth in the future. Our domestic FMCG business continued to perform ahead of the industry and we have ended the quarter with an 8.7% volume growth."
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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