Dabur India Incorporates new subsidiary for retail business

With reference to the earlier announcement dated March 13, 2007 regarding Dabur's entry into retail business, Dabur India Ltd has announced that a wholly owned subsidiary with the name "H & B Stores Ltd" has been incorporated with the office of Registrar of Companies on May 14, 2007.

The stock closed the day at Rs.91.55, up by Rs.1.50 or 1.67%. The stock hit an intraday high of Rs.92.90 and low of Rs.90.60. The total traded quantity was 219081 compared to 2 week average of 257003.

Source : Equity Bulls

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