Dabur share price has plunged 5% and is presently trading at Rs 588.0.
Meanwhile, the BSE FMCG index is at 23,462.8 (down 1.2%).
Among the top losers in the BSE FMCG index today are BOM.BURMAH (down 2.4%) and Godrej Consumer (down 2.0%).
Tata Coffee (up 3.6%) and HATSUN AGRO PRODUCTS (up 2.0%) are among the top gainers today.
Over the last one year, Dabur has moved up from Rs 552.9 to Rs 588.0, registering a gain of Rs 35.1 (up 6.3%).
On the other hand, the BSE FMCG index has moved up from 18,586.0 to 23,462.8, registering a gain of 26.2% during the last 12 months.
The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 212.1%), BOM.BURMAH (up 127.7%) and Colgate (up 90.2%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 83,002.1 (down 1.5%).
The top losers among the BSE Sensex today are Asian Paints (down 3.0%) and Tata Motors (down 2.9%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Steel.
In the meantime, NSE Nifty is at 25,452.9 (down 1.3%). BPCL and Bajaj Auto are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 83,002.1, registering a gain of 17,490.0 points (up 26.7%).
Dabur net profit grew 8.3% YoY to Rs 4,946 million for the quarter ended June 2024, compared to a profit of Rs 4,568 million a year ago. Net sales rose 7.0% to Rs 33,491 million during the period as against Rs 31,305 million in April-June 2023.
For the year ended March 2024, Dabur reported 6.5% increase in net profit to Rs 18,113 million compared to net profit of Rs 17,013 million during FY23. Revenue of the company grew 7.6% to Rs 124,040 million during FY24.
The current Price to earnings ratio of Dabur, based on rolling 12 month earnings, stands at 56.3.
Equitymaster requests your view! Post a comment on "Dabur Plunges 5%; BSE FMCG Index Down 1.2%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!