Dabur India moves up on its arm infusing $four,00,000 in Dabur South Africa

Dabur India moves up on its arm infusing $four,00,000 in Dabur South Africa

by admin- Wednesday, September 19th, 2018 05:03:30 PM

Dabur India is currently buying and selling at Rs. 470.Ninety, up through 1.Forty points or 0.30% from its previous last of Rs. 469.50 on the BSE.

The scrip opened at Rs. 476.Ninety and has touched a high and coffee of Rs. 476.90 and Rs. 467.70 respectively. So a ways 34563 shares had been traded at the counter.

The BSE organization ‘A’ inventory of face fee Rs. 1 has touched a 52 week excessive of Rs. 490.70 on 27-Aug-2018 and a fifty two week low of Rs. 299.25 on 25-Sep-2017.

Last one week excessive and low of the scrip stood at Rs. 476.Ninety and Rs. 454.25 respectively. The present day market cap of the corporation is Rs. 83058.58 crore.

The promoters keeping in the company stood at 67.88%, even as Institutions and Non-Institutions held 25.Seventy two% and 6.40% respectively.

Dabur India’s thoroughly owned subsidiary — Dabur International has infused an amount of $four,00,000 as percentage capital in Dabur South Africa (a step down thoroughly owned subsidiary Company of Dabur India).

Consequent to this infusion of capital, the shareholding of Dabur International in Dabur South Africa shall be ZAR 40546000. The aggregate percent of shareholding shall however remain identical i.E. 100%.

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