DODLANSEDodla Dairy LimitedLowNeutral
Announced Thu, 16 Apr · 17:49 IST

Dodla Dairy Limited has informed the Exchange about General Updates

DODLA · price

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Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹1070.00
prior close
₹1085.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-1.1-1.0-1.2+0.1+0.9+2.3+3.6+2.5+6.6+3.9-2.5+2.0+1.6
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AI summary

Dodla Dairy's wholly-owned subsidiary, HR Food Processing Private Limited, has been allotted 7.15 acres (311,333 sqft) of land in Bihar's Dumaria industrial area of Motipur cluster. The land was allotted by Bihar Industrial Area Development Authority (BIADA) on a 90-year lease. The company plans to establish a manufacturing unit for dairy products including milk, dahi, paneer, lassi, butter, ghee, flavored milk, and milk sweets. The company has accepted the terms and is completing formalities for land acquisition.

Likely market impact

This marks Dodla Dairy's entry into Bihar with a new production facility, representing geographic expansion and increased manufacturing capacity. The 90-year lease signals a long-term capital commitment that could support future revenue growth, though investors should note this is an early-stage investment with no immediate revenue impact.