Dabur India has target of Rs 145, says Hemant Thukral, Aditya Birla Money.
Thukral told CNBC-TV18, "What we have seen is that defensives have started attracting buying again. Now with Hindustan Unilever moving up very sharply and ITC in a tight range, what we saw on Friday I think trading interest has started coming in Dabur India; 32 percent Open Interest has been added up.”
He further added, “Dabur has convincingly closed about Rs 130 with good cash volumes also. So if it continues to hold above Rs 127-128 that has to be maintained as a stop loss. I see it is going up; the immediate target is Rs 140 and then Rs 145. So in the next 3-4 trading sessions, I think traders can make good money in Dabur."
The company's trailing 12-month (TTM) EPS was at Rs 2.72 per share. (Jun, 2012). The stock's price-to-earnings (P/E) ratio was 49.45. The latest book value of the company is Rs 7.47 per share. At current value, the price-to-book value of the company was 18.01. The dividend yield of the company was 0.97%.
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