Mumbai -- Dabur India has dropped by 2% to Rs. 142. The manufacturer of health care, personal care And food products approved to raise $ 200mn overseas. The scrip has touched a high of Rs. 150 and a low of Rs. 142 and has recorded volumes of over 13 lakh shares on NSE.

FMCG stocks are losing their ground. HLL has tumbled by 3% to Rs. 224, ITC lost by 1% to Rs. 168, Colgate is down by 1.6% to Rs. 361, Tata Tea slipped by 1.7% to Rs. 712 and Nirma is flat at Rs. 389.

At the same time, Associated Cement Companies, ACC has also shed 0.3% to Rs. 815. The company posted their Q2 result with profit at Rs.405.9 crore (Rs. 4.05bn, up 185%) from Rs. 139.4 crore (Rs. 1.39 bn). Its total included extraordinary gain of Rs. 90 crore (Rs. 900 mn) due to land sale.

And ACC's net sales were Rs.1,462 crore (Rs. 14.62bn, up 30%)from Rs. 1,128.3 crore (Rs. 11.28 bn). Its extraordinary gain was of Rs. 146 crore (Rs 1.46 bn) against Rs 8.76 crore (Rs 87.6 million).The scrip has touched a high of Rs. 839 and a low of Rs. 799 and has recorded volumes of over 21 lakh shares on NSE.

HCL Technologies has tumbled by 2% to Rs. 536. The company has joint venture with Turbo Power systems for Dreamliner project. The scrip has touched a high of Rs. 559 and a low of Rs. 523 and has recorded volumes of over 3 lakh shares on NSE

Industrial Development Bank of India, IDBI has surged higher by 0.5% to Rs. 50 after the company announced their Q1 result with profit at Rs. 150.5 crore (Rs 1.50 bn, up 37.6%) from Rs. 108.5 crore (Rs. 1.08 bn), net income at Rs. 16.68bn (up 4%). The scrip has touched a high of Rs. 51 and a low of Rs. 48 and has recorded volumes of over 10 lakh shares on NSE.