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    Buy Dabur, target price Rs 605: Motilal Oswal

    Synopsis

    Dabur India Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 89334.27 Crore) operating in FMCG sector.

    daburAgencies
    Promoters held 67.9 per cent stake in the company as of June 30, 2020, while FIIs held 18.1 per cent, DIIs 6.9 per cent and public and others 7.2 per cent.
    Motilal Oswal has buy call on Dabur India with a target price of Rs 605. The current market price of Dabur India Ltd. is Rs 502.75.

    Dabur India Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 89334.27 Crore) operating in FMCG sector.

    Dabur India Ltd. key Products/Revenue Segments include Personal Care which contributed Rs 6241.09 Crore to Sales Value (98.91 % of Total Sales), Other Operating Revenue which contributed Rs 58.61 Crore to Sales Value (0.92 % of Total Sales) and Scrap which contributed Rs 10.10 Crore to Sales Value (0.16 % of Total Sales)for the year ending 31-Mar-2020.

    Financials
    For the quarter ended 30-09-2020, the company has reported a Consolidated sales of Rs 2516.04 Crore, up 27.07 % from last quarter Sales of Rs 1979.98 Crore and up 13.75 % from last year same quarter Sales of Rs 2211.97 Crore Company reported net profit after tax of Rs 483.19 Crore in latest quarter.

    Promoter/FII Holdings
    Promoters held 67.9 per cent stake in the company as of Sept 30, 2020, while FIIs held 18.1 per cent, DIIs 6.9 per cent and public and others 7.2 per cent.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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