Dabur India

Dabur to Invest Rs 125 Crore In Sri Lanka

Dabur to Invest Rs 125 Crore In Sri Lanka

In an interview, Chief Executive Officer of Dabur India Sunil Duggal anticipated that the latest subsidiary in Singapore will reflect better results. In addition, Mr. Duggal said: “We could feed South India markets from Sri Lanka as against from Rajasthan and Nepal where two of our plants are located. There would be supply chain upside with regard to freight”.

Dabur India Ltd acquired 72% stake of Fem Care Pharma

Dabur India Ltd bought 72% stake of Fem Care Pharma for Rs 203 crore in an all-cash deal. This acquisition deal got approval from board of directors on Friday.

Dabur made this deal to enter skin-care market in India. As required under takeover regulations, Dabur will make an open offer for an additional 20% stake in Fem Care.

Sunil Duggal, chief executive officer, Dabur India said: “We will fund the entire acquisition from internal accruals. We have around Rs 250 crore of cash.”

Dabur in talks to acquire Fem Care for Rs 3 billion

Dabur India has made announcement that the company is in talks to take over FMCG and pharma company Fem Care Pharma for Rs 3 billion with the aim to extend Dabur`s consumer care portfolio.

Fem Care Pharma is famous for its Fem bleach. The company also participates in consumer products such as anti-ageing cream, soaps and fabric softener. 

In the profit and loss account, the company has posted a net profit of Rs 316 crore for the year ending March 2008 and Rs 70 crore for the quarter ending June 2008.

Dabur India raises product prices by 5%; enters hard surface cleaning segment

Dabur India, the fourth largest FMCG company in India has announced an increase in its product prices by around 5% across most of the categories.

According to the company, the latest move is to handle the rise in the price of flexible packaging material made of polymers. The latest revision price revision is company's highest price rise in eight years.

Dabur India Intraday Buy Call

According to technical analysts, Dabur India is good for intraday trading.

Traders can buy Dabur India stock with a stop loss of Rs 111 for the target of Rs 116. The stock may further climb to Rs 121, if the markets remain positive.

The stock, on Friday (Jan 18), ended at Rs 113.45, up 0.8% on BSE. Current PE and EPS are 35.35 and 3.21 respectively. On the Bombay Stock Exchange (BSE), the stock has seen 52-week high of Rs. 134 and the low of Rs. 83.4.