While Dabur is ready to acquire Badshah masala for 850 crores. Investors are interested to take a position in this stock too. Let us see what would be the impact of this news on Badshah masala share price. As much as we know, acquisitions help the stocks go rocket in the next stock market trading session. Although, the market was closed today, what will happen in the share market tomorrow? let’s find out.
FMCG giant Dabur India revealed on Wednesday that it would pay Rs 587.52 crore to acquire a 51% share in Badshah Masala Private Limited. Dabur has so entered the branded spices and seasonings business in India, which is estimated to be worth over Rs 25,000 crore. It will take five years to acquire the remaining 49%.
Can I buy Badshah masala share price in the stock market?
No, you cannot buy this stock, as it is not listed in the Indian share market individually. Although this could trigger a buying sentiment in other FMCG stocks. Our recommendation is to keep an eye on Marico’s share price. The CMP of Marico is 516 as per the trading session on 25th Oct 2022. The company Badshah Masala manufactures, markets, and exports ground spices, spice blends, and seasonings. According to Dabur, the acquisition is consistent with the company’s strategic goal of expanding into new adjacent food categories.
“Badshah’s potential for future growth will be put on a greater trajectory thanks to Dabur. Our businesses are a perfect fit. The addition of our products to Dabur’s extensive product line would allow us to accelerate our expansion and better serve consumers worldwide “Hemant Jhaveri, managing director of Badshah Masala Private Limited, stated.
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