Chandan Taparia of Anand Rathi told CNBC-TV18, "We have seen strong momentum in Hindustan Unilever with built up of long position. Dabur India is moving after the consolidation for last 22 trading session. Yesterday we have seen built up of long positions by more than 12 percent and the stock is all set to move towards Rs 251 and higher. That is why we are recommending to buy the stock with a stoploss of Rs 233."
At 13:51 hrs Dabur India was quoting at Rs 237, up Rs 2.20, or 0.94 percent on the BSE.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
