Dodla Dairy

Ease in margins seen from Q4 for dairy cos; stay stock selective: Analysts

Dairy stocks: Analysts see the benefits of price hikes to begin accruing from the March quarter onwards, while the financial year 2023-24 (FY24) will be a steady year for the industry's margins

Dairy firms plagued with margin woes; pick value-added players: Analysts

Analysts are wary of companies majorly focused in the low-margin milk segment as they believe firms with a strong market share in value-added products (VAPs) are more likely to sustain in the industry

Dodla Dairy shares jump nearly 16% on Sri Krishna Milks acquisition

The stock jumped 19.23 per cent to Rs 548 on the BSE

Dodla Dairy to acquire Sri Krishna Milks for Rs 50 crore; stock surges 19%

he acquisition will be completed around two months from the date of agreement

Dodla Dairy acquires Krishna Milk for Rs 50 crore to expand business

Dodla Dairy Ltd on Saturday said it has acquired Karnataka-based Sri Krishna Milks Pvt Ltd for Rs 50 crore to expand its business. In a regulatory filing, Dodla Dairy informed that the company has executed an agreement with Sri Krishna Milks Pvt Ltd for the acquisition of business as a "going concern" and on a slump purchase basis for consideration of Rs 50 crore. The deal is expected to be concluded in around two months from the date of the acquisition. The consideration would be in the form of cash. Krishna Milks Pvt Ltd (SKMPL), incorporated in 1989, was the first private sector dairy company in Karnataka. SKMPL is mainly into procuring milk, manufacturing, and selling dairy products. Its turnover in 2020-21 was Rs 67.27 crore.

Stocks to Watch: Dish TV, Future Group, Dodla Dairy, Metro Brands, Natco

Shares of Future Group related companies may see some action as the company has called for shareholders and creditors meeting to get nod for the proposed Rs 24,713 crore deal with Reliance Retail.

Sensex snaps 4-day losing streak, ends 145 pts up; broader indices decline

Stock market LIVE: The Bank Nifty ended 2 per cent higher at fresh record highs, while the broader indices - both BSE Mdicap and Smallcap declined around 1.7 per cent each

Dodla Dairy second quarter profit down 31% at Rs 29.39 crore

The company's milk procurement is centred in five states and products are available for purchase in 12 states and has 103 milk chilling centres/plants.

Strong debut by Dodla and KIMS, gain 42% and 21% respectively at close

While the Dodla IPO was subscribed 45x, that of Krishna Institute was subscribed 3.8x

Dodla Dairy, KIMS: Short-term investors should book profit, say analysts

For those who didn't get the IPO allotment, analysts say the business model, industry outlook, management acumen and valuations of these companies should be kept in mind before investing