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Buy Dabur India, target Rs 355: Manas Jaiswal

ETMarkets.com|
Nov 01, 2017, 08.55 AM IST
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Manas Jaiswal of manasjaiswal.com has a buy call on Dabur India with a target price of Rs 355.

The current market price of Dabur India is Rs 333.10.

Time period given by the analyst is intraday when Dabur India price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 323.

Dabur India, incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 58,676.25 Crore) operating in Personal Care sector.

Dabur India key Products/Revenue Segments include Personal Care which contributed Rs 5,357.84 Crore to Sales Value (99.77 per cent of Total Sales), Scrap which contributed Rs 8.56 Crore to Sales Value (0.15 per cent of Total Sales), Subsidy which contributed Rs 3.29 Crore to Sales Value (0.06 per cent of Total Sales), Other Operating Revenue which contributed Rs .14 Crore to Sales Value (0.00 per cent of Total Sales), Sale of services which contributed Rs .01 Crore to Sales Value (0.00 per cent of Total Sales)for the year ending 31-Mar-2017.

The company's top management includes Dr.Ajay Dua, Dr.Anand C Burman, Dr.S Narayan, Mr.Amit Burman, Mr.Mohit Burman, Mr.P D Narang, Mr.P N Vijay, Mr.R C Bhargava, Mr.Saket Burman, Mr.Sanjay Kumar Bhattacharyya, Mr.Sunil Duggal, Ms.Falguni Sanjay Nayar.

Company has G Basu & Co. as its auditors.

As on 30-09-2017, the company has a total of 1,761,520,510 shares outstanding.
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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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