Dabur India, the personal products company, joined the elite club of companies with Rs 1-trillion market capitalization (market-cap) on the BSE, after its share price rose 1.6 per cent to a fresh high of Rs 569.20 in intra-day trade on Thursday in an otherwise weak market. The stock surpassed its previous high of Rs 566, touched on April 9, 2021.
With the market-cap of Rs 1.00 trillion, at 12:05 pm, Dabur India stood at number 38th position in overall market-cap ranking, the BSE data shows. In comparison, the S&P BSE Sensex was down 0.59 per cent at 48,259 points. In the past one month, Dabur India s stock rallied 8 per cent, against 4 per cent declined in the benchmark index.