Buy Dabur India\, price target Rs 518: Kunal Bothra

Kunal Bothra has a buy call on Dabur India Ltd. with a target price of Rs 518.0 . The current price of Dabur India Ltd. is Rs 511.5 . Kunal Bothra recommended to keep a stoploss at Rs 498 .

Dabur India Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 87655.20 Crore) operating in FMCG sector.

Dabur India Ltd. key Products/Revenue Segments include Personal Care which contributed Rs 6189.54 Crore to Sales Value (98.66 % of Total Sales), Other Operating Revenue which contributed Rs 72.92 Crore to Sales Value (1.16 % of Total Sales) and Scrap which contributed Rs 10.73 Crore to Sales Value (0.17 % of Total Sales)for the year ending 31-Mar-2019.

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 2352.97 Crore, up 6.37 % from last quarter Sales of Rs 2211.97 Crore and up 6.99 % from last year same quarter Sales of Rs 2199.21 Crore Company has reported net profit after tax of Rs 399.02 Crore in latest quarter.