Buy Dabur India, target Rs 282.0 : Reliance Securities

Reliance Securities has Buy call on Dabur India Ltd. with a target price of Rs 282. The current market price of Dabur India Ltd. is 274.15 Time period given by the brokerage is Intra Day when Dabur India Ltd. price can reach defined target. Reliance Securities recommended to keep stop loss at Rs 271.0 .

Dabur India Ltd., incorporated in the year 1975, is a largecap company with a market cap of ₹ 48802.93 crore operating in Personal Care sector.

Dabur India Ltd. key Products/Revenue Segments include Personal Care which contributed ₹ 3051.69 Cr to Sales Value (53.07 % of Total Sales), Health Care which contributed ₹ 1572.08 Cr to Sales Value (27.34 % of Total Sales), Beverages which contributed ₹ 983.18 Cr to Sales Value (17.09 % of Total Sales), Others which contributed ₹ 132.68 Cr to Sales Value (2.30 % of Total Sales), Scrap which contributed ₹ 7.91 Cr to Sales Value (0.13 % of Total Sales), Subsidy which contributed ₹ 2.24 Cr to Sales Value (0.03 % of Total Sales), Other Operating Revenue which contributed ₹ .15 Cr to Sales Value (0.00 % of Total Sales), Sale of services which contributed ₹ .07 Cr to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2016.

For the quarter ended 31-03-2017, the company has reported a Consolidated sales of ₹ 1914.68 Cr., up 3.63% from last quarter Sales of ₹ 1847.67 Cr. and down -3.30% from last year same quarter Sales of ₹ 1980.02 Cr. Company has reported net profit after tax of ₹ 333.73 Cr. in latest quarter. The company’s CEO is Mr.Sunil Duggal. It's Board of Directors include Dr.Ajay Dua, Dr.Anand C Burman, Dr.S Narayan, Mr.A K Jain, Mr.Amit Burman, Mr.Lalit Malik, Mr.Mohit Burman, Mr.P D Narang, Mr.P N Vijay, Mr.R C Bhargava, Mr.Saket Burman, Mr.Sanjay Kumar Bhattacharyya, Mr.Sunil Duggal, Ms.Falguni Sanjay Nayar, Mr.A K Jain. Company has its registered office at 8/3, Asaf Ali Road, New Delhi, 110002, Delhi. Company has Walker Chandiok & Co. LLP as its auditors. As on 31-03-2017, the company has a total of 1,761,520,510 shares outstanding.