Dodla Dairy Ltd.

NSE: DODLA | BSE: 543306 | ISIN: INE021O01019 | Industry: Packaged Foods
| Mid-range Performer
1160.3500 38.35 (3.42%)
NSE Mar 20, 2025 15:31 PM
Volume: 59,957
 

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Dodla Dairy Ltd.
21 Mar 2022, 12:00AM
1160.35
3.42%
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.
Number of FII/FPI investors increased from 86 to 103 in Dec 2024 qtr.
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