7 Nov 2024
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Dodla Dairy IPO gets subscribed 45x on Day 3, KIMS 3.8x

Dodla

The initial public offer (IPO) of Dodla Dairy garnered an enthusiastic response; the IPO was subscribed 45 times on Friday. The institutional portion was subscribed 85 times, the wealthy investor portion was subscribed 73 times, and the retail portion was subscribed 11.3 times. Dodla Dairy had priced its IPO between Rs 421-428 per share.

Pandemic gives boost to dairy consumption

Pandemic gives boost to dairy consumption

The COVID-19 pandemic has significantly changed Chinese consumers’ lifestyle and dietary intake habits, with their dairy intake rates steadily increasing, said a new report released on Thursday.

As Brazil’s Coronavirus Aid Dries Up, Dairy Demand Tumbles

Brazil to begin dairy exports to China for the first time

After hitting record highs in 2020, dairy product prices in Brazil have tumbled. Government aid last year helped prop up dairy product prices, but that aid has now been discontinued, which is forcing retailers and wholesalers to heavily discount prices to move product as more Brazilians slip back into poverty.

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