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Dodla Dairy zooms on inking pact to acquire Sri Krishna Milks

21 Mar 2022 Evaluate

Dodla Dairy is currently trading at Rs. 524.20, up by 64.60 points or 14.06% from its previous closing of Rs. 459.60 on the BSE.

The scrip opened at Rs. 529.00 and has touched a high and low of Rs. 548.00 and Rs. 475.00 respectively. So far 22606 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 672.00 on 11-Nov-2021 and a 52 week low of Rs. 385.00 on 24-Feb-2022.

Last one week high and low of the scrip stood at Rs. 548.00 and Rs. 434.35 respectively. The current market cap of the company is Rs. 3118.01 crore.

The promoters holding in the company stood at 62.54%, while Institutions and Non-Institutions held 21.44% and 16.03% respectively.

Dodla Dairy has executed business transfer agreement with Sri Krishna Milks (SKMPL) for acquisition of business as a ‘going concern’ and on slump purchase basis for consideration of Rs 50 crore on the terms and conditions more specifically defined in the agreement. The deal is expected to be concluded in around two months from the date of the acquisition. The consideration would be in the form of cash.

Dodla Dairy is involved in is procuring, processing and Marketing of Milk and Milk Products. The company has created integrated Cold Chain facilities from producer to consumer to ensure Farm Fresh Milk at their door steps.

Dodla Dairy Share Price

1091.25 25.00 (2.34%)
17-Apr-2026 16:59 View Price Chart
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