Dabur India Share Price can give a return of more than 3 percent today, see what is the update
Dabur India Ltd Share Price is ₹661.35 on the NSE and ₹661.20 on the BSE. This reflects a slight decrease of 0.58% from the previous close of ₹664.75. The stock has been experiencing fluctuations, with a day’s high of ₹667.85 and a low of ₹658.25, indicating some volatility in trading activity today.
Main Points
Recent Performance
Dabur India has shown a mixed performance over recent months. The stock price has increased by approximately 27.19% over the past six months, demonstrating resilience in a challenging market environment. However, year-to-date performance indicates a modest growth of around 7.81%, which is below the average for the BSE FMCG sector, which stands at 9.40% for the same period.
Key Financial Ratios
- Market Capitalization: ₹117,132 crore
- P/E Ratio: Approximately 63.4, indicating that the stock may be overvalued relative to its earnings.
- Dividend Yield: 0.83%, reflecting a consistent dividend payout policy.
- ROE (Return on Equity): 18.68%, which suggests effective management in generating profits from shareholders’ equity.
- Debt to Equity Ratio: 0.14, indicating a low level of debt compared to equity, which is favorable for investors concerned about financial stability.
Vedanta Share Price can give good profit up to Rs 471 today, keep an eye after 10 o’clock
Buy or Hold?
Recent analyst reports suggest a cautious approach towards Dabur India shares. Motilal Oswal has set a target price of ₹750, recommending buying on dips due to the company’s strong fundamentals and brand presence in the FMCG sector. Conversely, Prabhudas Lilladher advises holding the stock with a target price of ₹621, reflecting concerns about potential overvaluation at current levels.
Investor sentiment remains mixed as traders debate whether the stock is currently overbought or undervalued based on its historical performance and market conditions. Some analysts warn that the stock is in an “overbought zone,” suggesting that new investors might want to wait for a more favorable entry point.
Dabur India continues to expand its product portfolio across various categories including health supplements, personal care products, and Ayurvedic remedies. The company has a robust distribution network reaching over 7.7 million retail outlets and aims to enhance its direct distribution to approximately 1.5 million outlets. This expansion strategy is expected to bolster sales growth in rural markets where Dabur derives about 50% of its revenue.
Recent Developments
In recent corporate announcements, Dabur India has focused on enhancing its product offerings and expanding its market reach through innovative marketing strategies and new product launches. The company is also investing in digital transformation initiatives to improve customer engagement and streamline operations.
Disclaimer: The information given in this article is from investment experts and brokerage companies, they do not represent Local Haryana. Before taking any investment related decision, you must consult a certified expert.
