SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Prabhat Dairy soars on entering into Animal Nutrition business

08 Jan 2019 Evaluate

Prabhat Dairy is currently trading at Rs. 95.20, up by 2.65 points or 2.86% from its previous closing of Rs. 92.55 on the BSE.

The scrip opened at Rs. 97.70 and has touched a high and low of Rs. 97.90 and Rs. 94.75 respectively. So far 9589 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 241.90 on 09-Jan-2018 and a 52 week low of Rs. 77.00 on 03-Dec-2018.

Last one week high and low of the scrip stood at Rs. 97.90 and Rs. 90.90 respectively. The current market cap of the company is Rs. 930.37 crore.

The promoters holding in the company stood at 50.10%, while Institutions and Non-Institutions held 13.31% and 36.59% respectively.

Prabhat Dairy has entered in comprehensive Animal Nutrition business and increased the focus on this by expanding the farmer base buying cattle feed for its animals.

Further to this, company has also taken preliminary steps in the area of mineral premixes by executing a Joint Development Agreement with DLG, Denmark based world leader in high-quality vitamin-mineral feeds for the development of two products in Denmark for the improvement of health and to increase milk productivity and quality of the cattle. These two products, one for ‘Milking Cow’ and another for ‘Dry Cow’, will be given to 150 selected farms to administer on 1000 cows. This pilot phase will be for 4-6 months. Post successful pilot, commercial launch will be planned by the company.

Prabhat Dairy produces milk and milk products in India. It processes and offers skimmed milk powder, whole milk powder, sweetened condensed milk, concentrated milk, cow ghee, dairy whitener, and pasteurized milk in poly pouches.

Prabhat Dairy Share Price

99.75 0.00 (0.00%)
22-Apr-2021 18:01 View Price Chart
Peers
Company Name CMP
Varun Beverages 474.05
Nestle 1285.65
Britannia Inds 5733.75
LT Foods 422.10
Hatsun Agro Product 979.20
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×