Bengaluru, March 12 -- The shares of this Research & Development focused agri-business company belonging to the Godrej group, came into focus on Wednesday after the company announced the acquisition of remaining stake in Creamline Dairy Products for Rs. 930 crore.

Stock Performance

With a market capitalization of Rs 14,463.83 crore, Godrej Agrovet Ltd surged over 4 percent to an intraday high of Rs 766.75 per share compared to its previous closing price of Rs 735.65 per share. The shares retraced and were trading at Rs 752.30, which is 2 percent higher than the previous close.

What Happened

Godrej Agrovet Limited has announced the acquisition of the remaining 48.06 percent equity stake in Creamline Dairy Products Limited (CDPL) for Rs...