AgenciesRelated
ICICI Direct has given buy rating Dabur India with a target price of Rs 494. The share price moved down by 1.86 per cent from its previous close of Rs 669.20. The stock’s last traded price is Rs 656.75.
Dabur India Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 86638.59 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 30-06-2020, the company reported a Consolidated sales of Rs 1979.98 Crore, up 6.14 % from last quarter Sales of Rs 1865.36 Crore and down 12.90 % from last year same quarter Sales of Rs 2273.29 Crore. The Company reported net profit after tax of Rs 341.29 Crore in latest quarter.
Investment Rationale
The brokerage said that price rebound after taking support near 100 day EMA & stochastic in buy mode.
Promoter/FII Holdings
Promoters held 67.9 per cent stake in the company as of June 30, 2020, while FIIs held 17.6 per cent, DIIs 7.4 per cent and public and others 7.1 per cent.
Dabur India Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 86638.59 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 30-06-2020, the company reported a Consolidated sales of Rs 1979.98 Crore, up 6.14 % from last quarter Sales of Rs 1865.36 Crore and down 12.90 % from last year same quarter Sales of Rs 2273.29 Crore. The Company reported net profit after tax of Rs 341.29 Crore in latest quarter.
Investment Rationale
The brokerage said that price rebound after taking support near 100 day EMA & stochastic in buy mode.
Promoter/FII Holdings
Promoters held 67.9 per cent stake in the company as of June 30, 2020, while FIIs held 17.6 per cent, DIIs 7.4 per cent and public and others 7.1 per cent.