Dodla Dairy Ltd.

NSE: DODLA | BSE: 543306 | ISIN: INE021O01019 | Industry: Packaged Foods
| Mid-range Performer
1095.4000 -22.50 (-2.01%)
NSE Apr 28, 2025 13:26 PM
Volume: 26,256
 

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Dodla Dairy Ltd.
21 Mar 2022
1095.40
-2.01%
ICICI Securities Limited
We believe acquisition of Sri Krishna Milks to be value accretive in medium term as (1) Sri Krishna operates in key region of Dodla i.e. South India and same products where Dodla has strong understanding i.e. milk and curd, (2) While Sri Krishna was loss making, it has Gross margin of ~22% over FY18-21 which indicates strong consumer acceptance of the brand and (3) post acquisition Dodla will be able to consolidate its position in North Karnataka, South Maharashtra and Goa.
Dodla Dairy Ltd. is trading below its 30 day SMA of 1122.9
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