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Dabur India turns volatile after strong Q1 outcome

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Dabur India rose 0.76% to Rs 172.15 at 14:47 IST on BSE after consolidated net profit rose 25% to Rs 187.04 crore on 13% growth in revenue to Rs 1651.10 crore in Q1 June 2013 over Q1 June 2012.

The Q1 result was announced during trading hours today, 24 July 2013

Meanwhile, the S&P BSE Sensex was down 251.13 points or 1.24% at 20,051.

On BSE, 5.55 lakhshares were traded in the counter as against average daily volume of 1.25 lakh shares in the past one quarter.

The stock was volatile. The stock rose as much as 2.22% at the day's high of Rs 174.65 so far during the day, which is also a record high for the counter. The stock lost as much as 2.66% at the day's low of Rs 166.30 so far during the day. The stock had hit a 52-week low of Rs 113.40 on 26 July 2012.

 

The stock had outperformed the market over the past one month till 23 July 2013, surging 10.8% compared with the Sensex's 8.14% jump. The scrip had also outperformed the market in past one quarter, jumping 20.06% as against Sensex's 5.85% rise.

The large-cap FMCG firm has equity capital of Rs 174.36 crore. Face value per share is Re 1.

Dabur India is one of India's leading FMCG companies. Dabur operates in key consumer products categories like hair care, oral care, health care, skin care, home care and foods.

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First Published: Jul 24 2013 | 2:48 PM IST

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