Dabur India target price: Nuvama Institutional Equities has, however, maintained its 'Buy' rating on the stock with a price target of Rs 680, valuing the scrip at 50 times Q1FY26 earnings per share.
Dabur share price has lost about 6 per cent in the last one year while the Nifty FMCG index and Nifty 50 have gained about 16 per cent and 6 per cent, respectively, in the same period.
"In an environment where high inflation continued to impact consumption, we are happy . with broad-based growth in our key categories," Dabur India Chief Executive Officer Mohit Malhotra said in a statement.
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