Prabhat Dairy is currently trading at Rs. 111.65, up by 18.60 points or 19.99% from its previous closing of Rs. 93.05 on the BSE.
The scrip opened at Rs. 111.65 and has touched a high and low of Rs. 111.65 and Rs. 106.15 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 241.00 on 24-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. 111.65 and Rs. 90.65 respectively. The current market cap of the company is Rs. 908.88 crore.
The promoters holding in the company stood at 50.10%, while Institutions and Non-Institutions held 11.88% and 38.02% respectively.
Prabhat Dairy has received approval for sale of the company's shareholding in its wholly owned step down subsidiary, Sunfresh Agro industries (SAIPL) to Tirumala Milk Products upon terms and conditions contained in the share purchase agreement being entered into by the Company and Cheese Land Agro (India) a wholly owned subsidiary of the Company, hereinafter referred to as CAIPL. The Board of Directors of the Company at its meeting held on January 21, 2019 has approved the same.
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.
