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STOCK MARKET

Dodla Dairy Ltd Jumps at 2.92%

Picture Source: Internet

On Thursday, Dodla Dairy Ltd rose 2.92 per cent to trade at Rs 543. The S&P BSE FMCG Sector index is up 0.4 per cent to quote at 16315.44. The index is up 4.19  per cent over August month. Other stocks are Mishtann Foods Ltd increased 2.41 per cent, and Kokuyo Camlin Ltd added 1.82 per cent today. The S&P BSE FMCG Sector index went up 6.84  per cent over 2021 compared to the 0.31 per cent surge in benchmark SENSEX.

In August, Dodla Dairy Ltd added 6.09 per cent as compared to 4.19 per cent to gain in the S&P BSE FMCG Sector index and a 0.13 per cent rise in the SENSEX. On the Bombay Stock Exchange (BSE), 298 shares were traded compared to daily average volumes of 1.45 lakh shares in August. On 11 November 2021, the stock hit a record high of Rs 672; on 24 February, the stock hit a 52-week low of Rs 385.

In May 2022, the shares of Dodla Dairy Ltd surged 20 per cent after the company acquired Sri Krishna Milks Pvt Ltd for Rs 50 crore to expand its business. The stock jumped 19.23 per cent to Rs 548 on the Bombay Stock Exchange (BSE). The National Stock Exchange (NSE) zoomed 19.99 per cent to Rs 548.45. Dodla Dairy Ltd said it had acquired Karnataka-based Sri Krishna Milks Pvt Ltd for Rs 50 crore to expand its business.

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