Buy Dabur India, target price Rs 709: Geojit

Geojit has buy call on Dabur India Ltd. with a target price of Rs 709. The current market price of Dabur India Ltd. is Rs 638.7.

Dabur India Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 112975.99 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-2024.



Financials
For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 3478.51 Crore, up 18.18 % from last quarter Total Income of Rs 2943.49 Crore and up 7.35 % from last year same quarter Total Income of Rs 3240.25 Crore. Company reported net profit after tax of Rs 494.55 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 66.24 per cent stake in the company as of 30-Jun-2024, while FIIs owned 14.99 per cent, DIIs 13.39 per cent.