INSUBCONTINENT EXCLUSIVE:
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
