Dabur India Ltd - Stellar performance, ayurvedic and health portfolio to drive growth By Religare Broking
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Dabur India Ltd.
Outlook & Valuation
Dabur’s portfolio is gaining traction each passing quarter largely driven by its focus on health and hygiene segment, new product launches, heavy investment behind their power brands and expanding in rural area. In addition cost optimisation measures and improving go-to-market approach is well supporting company’s growth. We remain positive on the company’s long term growth plans and have maintained a Buy on the stock with a target price of Rs 616.
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