SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Prabhat Dairy surges on completing sale of stake in SAIPL

12 Apr 2019 Evaluate

Prabhat Dairy is currently trading at Rs. 82.05, up by 3.90 points or 4.99% from its previous closing of Rs. 78.15 on the BSE.

The scrip opened at Rs. 79.80 and has touched a high and low of Rs. 82.05 and Rs. 79.75 respectively. So far 15971 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 190.00 on 18-Apr-2018 and a 52 week low of Rs. 47.15 on 06-Feb-2019.

Last one week high and low of the scrip stood at Rs. 82.05 and Rs. 74.50 respectively. The current market cap of the company is Rs. 801.43 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 completed sale of the company's shareholding in its wholly owned step down subsidiary -- Sunfresh Agro industries (SAIPL) to Tirumala Milk Products. Further, the company has sold and transferred its dairy products business by way of slump sale on a going concern basis to SAIPL post completion of transfer of SAIPL shares is successfully completed and closed on April 10, 2019.

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 466.40
Nestle 1287.40
Britannia Inds 5701.55
LT Foods 415.75
Hatsun Agro Product 971.10
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:

×