Hold Dabur India With Stop Loss Of Rs 173
Stock market analyst MB Singh is of the view that investors can hold Dabur India stock to reap good returns in the coming time.
According to analyst, the investors can buy the stock with stop loss of Rs 173.
Today, the shares of the company opened at Rs 191 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 200 and a low of Rs 115.05 on BSE.
Current EPS & P/E ratio stood at 5.80 and 33.87 respectively.
Dabur India, on June 18, declared that it has finished amalgamation of Fem Care Pharma with itself.
According to reports, June 30 has been set as the record date for allotting Dabur India shares to Fem Care Pharma stockowners in the proportion of 5:1.
Dabur India's consolidated sales during the last fiscal recorded a 20.6% increase over the previous financial year to Rs 34.17 billion.
The company's net surged 28.6% to Rs 5.03 billion as against Rs 3.91 billion during the last financial year.
Dabur India's directors suggested a final dividend of 125% that brings the overall dividend for the year to 200%.
Anand Burman, chairman, Dabur India stated, "Continuing with our payout policy, the Board has proposed a final dividend of Rs 1.25 a share, aggregating to Rs 1.27 billion. With the interim Dividend of 75% already paid earlier, the total dividend during the year is 200%."