Suruchi Kapoor of Edelweiss Financial Services has a buy call on Dabur India Ltd.
with a target price of Rs 540.0 .
The current price of Dabur India Ltd.
is Rs 498.05 Time period given by the analyst is Intra Day when Dabur India Ltd.
price can reach defined target.
.
Suruchi Kapoor recommended to keep a stoploss at Rs 480 .
Dabur India Ltd., incorporated in 1975, has a market cap of Rs 88008.62 crore.Dabur India's key products/revenue segments include Personal Care which contributed Rs 6189.54 crore to sales value (98.66 per cent of total sales); Other Operating Revenue which contributed Rs 72.92 crore to sales Value (1.16 per cent of total sales) and Scrap which contributed Rs 10.73 crore to sales value (0.17 per cent of total sales)for the year ending March 31, 2019.
For the quarter ended December 31, 2019, the company reported consolidated sales of Rs 2352.97 crore, up 6.37 per cent from last quarter sales of Rs 2211.97 crore and up 6.99 per cent from last year same quarter sales of Rs 2199.21 crore.
The company reported net profit after tax of Rs 399.02 crore in the latest quarter.Promoter/FII HoldingsPromoters held 67.88 per cent stake in the company as of third quarter (December 31, 2019), while FIIs held 17.48 per cent, DIIs 3.4 per cent and retail investors 6.93 per cent.