Hold Dabur; target Rs 200-210: Mayuresh Joshi

Mayuresh Joshi, VP Institution of Angel Broking told CNBC-TV18, "Dabur India's performance over the last 2-3 quarters has been quite impressive. Even in this quarter our own expectation is that the volume growth should be sustained between 9-11 percent kind of mark."

"In our sense at 24 times forward earnings, I think the stock is looking pretty attractive. So, one should hold on to the stock and look for targets of anywhere between Rs 200-210 over the next 12-15 months," he said. The share touched its 52-week high Rs 167.55 and 52-week low Rs 117.40 on 17 July, 2013 and 26 July, 2012, respectively. Currently, it is trading 1.97 percent below its 52-week high and 45.53 percent above its 52-week low. Market capitalisation stands at Rs 29,778.04 crore.