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Dabur Gains 4%; BSE FMCG Index Up 1.1%
Mon, 8 Jul 10:1

Dabur Gains 4%; BSE FMCG Index Up 1.1%Image source: Ivcandy/www.istockphoto.com

Dabur share price has zoomed 4% and is presently trading at Rs 631.5.

Meanwhile, the BSE FMCG index is at 21,163.2 (up 1.1%).

Among the top gainers in the BSE FMCG index today are Marico (up 6.3%) and Tata Coffee (up 3.6%).

Zydus Wellness (down 1.8%) and RADICO KHAITAN (down 1.4%) are among the top losers today.

Over the last one year, Dabur has moved up from Rs 579.6 to Rs 631.5, registering a gain of Rs 52.0 (up 9.0%).

On the other hand, the BSE FMCG index has moved up from 18,935.5 to 21,163.2, registering a gain of 11.8% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 153.6%), JYOTHY LABS (up 105.7%) and BOM.BURMAH (up 101.4%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 79,811.4 (down 0.2%).

The top losers among the BSE Sensex today are Titan (down 4.1%) and Asian Paints (down 1.4%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,274.4 (down 0.2%). Titan and Divis Laboratories are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,479.1 to 79,811.4, registering a gain of 14,332.4 points (up 21.9%).

Dabur Financial Update...

Dabur net profit grew 16.6% YoY to Rs 3,416 million for the quarter ended March 2024, compared to a profit of Rs 2,930 million a year ago. Net sales rose 5.1% to Rs 28,146 million during the period as against Rs 26,778 million in January-March 2023.

For the year ended March 2023, Dabur reported 2.4% decrease in net profit to Rs 17,013 million compared to net profit of Rs 17,423 million during FY22. Revenue of the company grew 5.9% to Rs 115,299 million during FY23.

The current Price to earnings ratio of Dabur, based on rolling 12 month earnings, stands at 61.8.


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