Dabur India Stock Performance Analyzed
Dabur India’s stock price is currently at Rs 496.3, showing a decrease of 1.09% today. This decline is part of a longer trend, with the stock falling for five consecutive sessions. Overall, the stock has underperformed compared to the broader market.
Key Points
- Dabur’s stock dropped 1.09% today, a concerning trend.
- Stock fell 3.22% in the past year, lagging key indices.
- Nifty FMCG index down 1.55% in the last month.
- Dabur’s recent loss is 4.96% over the last month.
- Stock volume today was lower than the recent average.
- PE ratio stands at 62.53, indicating premium valuation.
The NIFTY index is up around 0.5% today at 26028.95, and the Sensex is up 0.49% at 85234.87. This shows that while the overall market is performing well, Dabur is not participating in this growth.
The Nifty FMCG index, where Dabur is included, has decreased by 1.55% in the last month, trading at 54619.65. This suggests potential headwinds within the consumer goods sector.
Trading volume for Dabur today was 6.68 lakh shares, which is significantly lower than the one-month average of 18.89 lakh shares. Reduced trading activity can sometimes amplify price movements.
The December futures contract for Dabur is currently priced at Rs 496.35, down 1.38% on the day. This indicates investor concerns regarding the company’s near-term prospects.
Dabur’s Price-to-Earnings (PE) ratio is 62.53, based on trailing twelve months earnings. This relatively high PE suggests the stock is valued at a premium compared to its earnings.
Investing decisions should always consider a thorough understanding of risks and potential returns.
