India Dairy

Dodla Dairy stocks: Buy Dodla Dairy, target price Rs 1387: HDFC Securities – DairyDimension

HDFC Securities has buy call on Dodla Dairy with a target price of Rs 1387. The current market price of Dodla Dairy Ltd. is Rs 1231.85.

Dodla Dairy Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 7326.23 Crore) operating in FMCG sector.

Dodla Dairy Ltd. key Products/Revenue Segments include Milk & Milk Products, Sale of services and Scrap for the year ending 31-Mar-2024. Financials
For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 918.53 Crore, up 15.50 % from last quarter Total Income of Rs 795.24 Crore and up 10.58 % from last year same quarter Total Income of Rs 830.65 Crore. Company reported net profit after tax of Rs 65.02 Crore in latest quarter. Promoter/FII Holdings
Promoters held 60.53 per cent stake in the company as of 30-Jun-2024, while FIIs owned 11.27 per cent, DIIs 18.64 per cent.

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