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Monday, November 28, 2016

Prabhat Dairy Share Price Rises On Credit Ratings


Prabhat DairyPrabhat Dairy declared that ICRA has assigned a long term rating of ICRA A+ with Stable Outlook to Rs 147.50 crores of fund based credit facilities and a short term rating of ICRA A1 to Rs 20 crores of non fund based credit facilities of the Company.
The aforesaid ratings are valid up to 17th November of 2017.
Prabhat Dairy share price rose by more than 5 per cent in today’s trade within the first half an hour. The share price is trading at Rs 109.35, up by 5.19 per cent or 5.40 points at 9.45 AM. 2,28,919 share of the company have changed hands on the counter of NSE aggregating to a total amount of Rs 253.46 lacs.
Prabhat Dairy is an integrated milk as well as dairy products company in India catering to institutional as well as retail customers. The company produces fresh, dry, frozen, cultured and fermented dairy products. The list also includes pasteurized milk, flavoured milk, sweetened condensed milk, ultra-pasteurised or ultra-high temperature (UHT) milk, yoghurt, dairy whitener, clarified butter (ghee), milk powder, ingredients for baby foods, lassi and chaas.
The intraday high and the intraday low of Prabhat Dairy share price are Rs 113.95 and Rs 107.95 respectively. The share price opened at Rs 108.00 from a previous closing of Rs 103.95.
The 52 week high of the share is Rs 165.45 made on 1st December 2015 and the 52 week low of Rs 71.00 made on 26th February 2016. The lifetime high is Rs 169.00 made on 24th November 2015 and the lifetime low is same as its 52 week low.
Based on the strong fundamental data of Prabhat Dairy, the company has been identified as one of the top 500 stocks by Dynamic Levels. Get the important historical prices of the stocks at Prabhat Dairy share price history.

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