Prabhat Dairy shines as DSP BlackRock invests in its shares
Shital Jibhe / 08 Feb 2017
DSP BlackRock Mutual Fund, through DSP BlackRock Micro Cap Fund, has bought 2.85 million shares in Prabhat Dairy at a price of Rs 129.99 per share.
DSP BlackRock Mutual Fund, through DSP BlackRock Micro Cap Fund, has bought 2.85 million shares in Prabhat Dairy at a price of Rs 129.99 per share. The transaction took place through a bulk deal on NSE.
On February 7, Prabhat Dairy traded on its new 52-week high and witnessed a spurt in volume by more than 4.81 times. Last year, the stock surged 11.43 per cent.
Prabhat Dairy produces milk and other milk products in India. It processes and offers skimmed milk powder, sweetened condensed milk, whole milk powder, concentrated milk, cow ghee, dairy whitener, and pasteurised milk in poly pouches.
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