Dodla Dairy Achieves 52-Week High Amid Strong Financial Performance and Market Activity

Dodla Dairy has made headlines today as its stock price reached a new 52-week high of Rs. 1522.85, marking a significant milestone for the midcap FMCG company. This achievement comes after a strong performance, with the stock outperforming its sector by 1.39% and gaining 4.27% over the past three days. The stock's intraday high reflects a 5.75% increase, showcasing robust market activity.
In terms of financial health, Dodla Dairy has demonstrated impressive metrics, including a high return on equity (ROE) of 15.36% and a solid return on capital employed (ROCE) of 24.82%. The company's net sales for the first nine months have grown by 22%, and it has reported positive results for seven consecutive quarters. With a low debt-to-equity ratio and high institutional holdings at 29.56%, Dodla Dairy is well-positioned in the market.

Over the past year, the stock has generated a return of 27.21%, significantly outpacing the Sensex's performance of 2.12%. As Dodla Dairy continues to show consistent returns and strong fundamentals, it remains a noteworthy player in the FMCG sector.