Hold Dabur India, says Sharmila Joshi

Sharmila Joshi, Head of Equity of Peerless Securities told CNBC-TV18, "I continue to be positive on Dabur India. The kind of product mix that they have, I expect the company to deliver the margins. So, definitely within the FMCG space Dabur is a stock to hold."

She further added, "We could see Rs 180 on the stock very soon given the kind of preference FMCG stocks have. One could see a bit of consolidation."

"I would really hold it with a near term view of about Rs 180 and then really take it from there. But if one has a slightly longer term horizon then one should continue to stay put in Dabur,"

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.