BSE Code: | NSE Code: | ISIN: | Sector:

NSE
316.80
Change Change %
-1.75 -0.55%

Updated:23 Oct, 2017, 15:56 PM IST

BSE
316.75
Change Change %
-1.20 -0.38%

Updated:23 Oct, 2017, 15:41 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
24-08-2017 Buy 299.50 345.00
N/A
Open Long (1Y)
24-08-2018

Nomura maintains buy on Dabur India

Dabur has been one of the most consistent companies in India over the past several years as far as revenue growth is concerned, however several macroeconomic factors like demonetisation, slowing rural growth and destocking by trade due to GST implementation have held growth back over the past few quarters. However, we believe that the core portfolio continues to remain quite strong with Dabur exhibiting leadership across several categories. Low base, normal monsoons, festive season and revival of rural demand are some of the factors which should lead to demand revival, in our view. 

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