Genesis Indian Investment Company has bought stake worth Rs 318 crore in Dabur India through an open market transaction. The investment firm bought about 1.27 crore shares constituting 0.72% stake in FMCG major for Rs 317.77 crore. The shares were bought at an average price of Rs 250.55. Meanwhile, a similar number of company’s shares were offloaded at an equal consideration by US Central State Pension Fund.
Dabur India is one of the largest FMCG Company in India. Building on a legacy of quality and experience of over 125 years, Dabur operates in key consumer products categories like Hair Care, Oral Care, Health Care, Skin Care, Home Care & Foods.
