Dabur share price: Add Dabur India, target price Rs 650: HDFC Securities

HDFC Securities has add call on India with a target price of Rs 650. The current market price of Dabur India Ltd. is Rs 609.4. Time period given by analyst is one year when Dabur India Ltd. price can reach defined target.

Dabur India Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 106610.59 Crore) operating in FMCG sector.

Dabur India Ltd. key Products/Revenue Segments include Personal Care, Other Operating Revenue and Scrap for the year ending 31-Mar-2021.

Financials

For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 2930.02 Crore, up 8.66 % from last quarter Total Income of Rs 2696.38 Crore and up 12.54 % from last year same quarter Total Income of Rs 2603.63 Crore. Company reported net profit after tax of Rs 505.73 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 67.36 per cent stake in the company as of 30-Sep-2021, while FIIs owned 21.35 per cent, DIIs 3.41 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Source Link