Trending stocks: Dabur India shares dip over 1%

NEW DELHI: Shares of Dabur India Ltd. traded 1.25 per cent down in Wednesday's trade at 11:33AM (IST). Around 42,743 shares changed hands on the counter.

The counter opened at Rs 432.95 and touched an intraday high and low of Rs 433.25 and Rs 426.4, respectively, in the session so far. Shares of the company of Dabur India Ltd. quoted a 52-week high of Rs 525.3 and a 52-week low of Rs 376.95.

Total market cap of the Dabur India Ltd. stood at Rs 75957.24 crore at the time of writing this report.


Dabur is slated to report its March quarter results on Wednesday.

Key Financials
The company reported consolidated net sales of Rs 2352.97 crore for the quarter ended 31-Dec-2019, up 6.37 per cent from previous quarter's Rs 2211.97 crore and up 6.99 per cent from the year-ago quarter's Rs 2199.21 crore.

The net profit for latest quarter stood at Rs 397.7 crore, up 8.65 per cent from the corresponding quarter last year.

Shareholding pattern
As of 31-Mar-2020, domestic institutional investors held 3.26 per cent stake in the firm, while foreign institutional investors held 17.43 per cent and the promoters 67.86 per cent.


Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 49.51 and a price-to-book ratio of 13.41. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Dabur India Ltd. belongs to the Personal Care industry.