Reliance Capital has bought 27.44 lakh shares of Prabhat Diary through open market route. The shares were purchased on an average price of Rs 150.52 valuing the transaction to Rs 41.30 crore. On the other hand, Payone Enterprises has sold 28.94 lakh shares in the company for an average price of Rs 150.58 through open market route.
Prabhat Dairy is an integrated milk and dairy products company in India catering to institutional as well as retail customers. It produces fresh, dry, frozen, cultured and fermented dairy products, including pasteurized milk, flavoured milk, sweetened condensed milk, ultra-pasteurised or ultra-high temperature (UHT) milk, yoghurt, milk powder, ingredients for baby foods, lassi and chaas.
