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Dabur India share price down after promoters offload 1 percent stake in company

Share Price: The Burman family, promoters of FMCG company Dabur India Limited, has sold one per cent stake in the company. The promoters have sold it through a block deal. According to reports, the value of the stake sold is said to be Rs 800 crore.

FMCG: Everyone must have eaten Chyawanprash and Hajmola. However, now big information is coming out about the company making Chyawanprash and Hajmola. Actually, the promoters of the company making these products have sold their stake in the company. After which the company’s shares have also been affected. At the same time, on December 20, 2022, there has also been a huge decline in the shares of the company. The name of this company is Dabur India, whose shares have seen a decline today.

The Burman family, promoters of Dabur India
FMCG company Dabur India Limited, has sold one per cent stake in the company. The promoters have sold it through a block deal. According to reports, the value of the stake sold is said to be Rs 800 crore. Due to selling stake, the stock closed in the red mark today. Although the stock of the company has been increasing continuously for the last several years and the condition of the company has become much better since the last several years.

Dabur India Share Price
Shares of Dabur India today closed at Rs 578.95, down Rs 10.10 (1.71%) on the NSE. Today’s low price of the stock was Rs.569.55. Whereas its high price was Rs 582.40. On the other hand, the closing price of Dabur was Rs 589.05 a day ago. In June 2010, where the company’s share was Rs 100. At the same time, in December 2022, the stock has also touched the level of Rs 600.

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The company is more than 100 years old
If we talk about the company, Dabur’s business is spread in more than 100 countries. The company’s products include favorite products of many people like Hajmola, Chyawanprash, Amla Hair Oil, Real Juice. The name of the company was derived from the name of Daktar Burman. The name of the owner of the company is SK Burman. And the company was established in 1884.

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