Genesis Indian Investment Company buys 0.72% stake in Dabur India

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.