Espresso Shot of the Day - Dabur India Ltd up by 6.18 percent

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Espresso Shot of the Day - Dabur India Ltd up by 6.18 percent

November 29, 2022
Espresso Shot of the Day - Dabur India Ltd up by 6.18 percent

DABUR INDIA LTD 593.20  (+6.18%) BSE – INE016A01026 | 29th November 2022


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Dabur India Limited is among the Top 5 FMCG Companies in India with revenues of more than Rs. 10,800 crores and a market capitalisation of about Rs.100,000 crores. Building on a legacy of quality and experience for over 138 years, Dabur is today India’s most trusted name and the world’s largest Ayurvedic and Natural Health Care Company. Dabur India's FMCG portfolio includes nine Power Brands with distinct brand identities -- Dabur Chyawanprash, Dabur Honey, Dabur Lal Tail, Dabur Honitus, Dabur PudinHara, Dabur Amla, Dabur Red Paste, Réal and Vatika.


Recent Drivers

  • FMCG Company Dabur India acquired Badshah Masala for a cash consideration of Rs 587.52 crores on October 26,2022. It signed an agreement to acquire 51 per cent in Badshah Masala. The acquisition is in line with its strategic intent to expand its food biz to Rs.500 crores in 3 years.
  • On October 26,2022, the company reported a net profit of Rs.395.81 crores in September 2022y, up 0.16% from the Rs.395.16 crores reported in September 2021.
  • On October 26,2022, the company reported a net sale of Rs.2,266.88 crores in September 2022, up 6.93% from the Rs. 2,119.89 crores reported in September 2021.
  • On October 26,2022, the Board of Company of Dabur India Ltd declared an Interim Dividend of Rs. 2.5 per equity share having face value of Re. 1 each (i.e., 250%) for the financial year 2022-23.
  • On September 28,2022, Dabur India Ltd entered the Rs 5,600-crore premium tea market with the recent launch of Dabur Vedic Tea, a premium category black tea under the health supplements segment, as it looks to get aggressive in the competitive packaged tea market.


        (Sources: BSE, Money control, Business Standard)


Technical Force

  • S&P BSE 100 month till date gain by 2.82%.
  • 3 months avg. NSE volume: 1,704,577
  • Quantity traded: 3,89,334| Deliverable quantity: 2,04,089 (52.42%).
  • Stock price jumped by more than 20 % from a one-year low level: 482.20 (June 17, 2022)
  • Daily RSI (14) is in overbought territory today.
  • 52-week-high: 602.40| 52-week-low: 482.20.


Key Pivot (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

840.85

749.80

665.10

574.05

489.35

398.30

313.60

-

Fibonacci Pivot

749.80

682.66

641.19

614.47

574.05

533.63

506.91

465.44

398.30


Today’s Close

593.20

SMA

BSE

10 DAY

556.12

20 DAY

555.95

50 DAY

550.56

200 DAY

544.55


Some Key Ratios (Source: BSE)

Market Cap:  1,05,101.01 Crores

PE:  73.43

OPM%: 25.59

ROE%:  23.64

Promoters holding%: 67.24

Prev. Close:  558.70


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The scope and usability of this information/data is time-sensitive and market-based, and as such the same may become outdated for the investment decisions of clients, for which Espresso Financial Services Pvt. Ltd bears no responsibility. References to securities do not constitute a recommendation to buy, sell or hold such securities. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult his own advisors to determine the merits and risks of such an investment. Espresso Financial Services Pvt. Limited is under no obligation to update the information in this document from time-to-time.

Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.