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Danone to buy nutrition biz; Carol Info up 13%

Carol Info Services touched a 52-week high of Rs 246.10. At 10:22 hrs the share was quoting at Rs 238.55, up Rs 27.15, or 12.84%. Danone will acquire Wockhardt's nutrition business and brands as well as related industrial operations from Carol Info Service. Carol Info is a subsidiary of Wockhardt, reports CNBC-TV18.

August 03, 2011 / 10:33 IST
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Carol Info Services touched a 52-week high of Rs 246.10. At 10:22 hrs the share was quoting at Rs 238.55, up Rs 27.15, or 12.84%.


Danone will acquire Wockhardt's nutrition business and brands as well as related industrial operations from Carol Info Service. Carol Info is a subsidiary of Wockhardt.


Carol Info Services, which is earlier known as Wockhardt Life Sciences, makes nutrition products at its factories, as an outsourced function, reports CNBC-TV18.


It was trading with volumes of 316,602 shares, compared to its 5-day average of 131,771 shares, an increase of 140.27%.
 
In the previous trading session, the share closed up 19.98% or Rs 35.20 at Rs 211.40.


On August 02, 2011 Database Software Technology Pvt Ltd sold 532,339 shares of Carol Info at Rs 144.06 on the BSE.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days186.25238.5552.3028.08
5-Days182.95238.5555.6030.39
7-Days176.00238.5562.5535.54
15-Days180.00238.5558.5532.53
1-Month175.75238.5562.8035.73
3-Month135.05238.55103.5076.64
6-Month156.35238.5582.2052.57
9-Month86.00238.55152.55177.38
1-Year76.10238.55162.45213.47

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first published: Aug 3, 2011 10:28 am

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