Dabur India Ltd. reaches all-time high in stock price, showing positive trend

Sep 17 2024 09:25 AM IST
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Dabur India Ltd., a leading FMCG company in India, has reached an all-time high in its stock price on September 17, 2024. The stock is currently trading at Rs 661.45, 1.55% away from its 52-week high. Despite underperforming the sector today, the stock's moving averages show a positive trend. Dabur India Ltd. has shown a growth of 18.82% in the past year, slightly lower than the overall market. With popular brands like Dabur Chyawanprash and Dabur Honey, the company remains a strong player in the Indian market.

Dabur India Ltd., a leading FMCG company in India, has recently reached an all-time high in its stock price on September 17, 2024. The stock is currently trading at a price of Rs 661.45, which is 1.55% away from its 52-week high of Rs 671.45. This positive performance has been noted by MarketsMOJO, who have given a 'Hold' call for the stock.

In terms of today's performance, Dabur India Ltd. has underperformed the sector by -0.25%. However, the stock's moving averages are showing a positive trend, with it being higher than the 20-day, 50-day, 100-day, and 200-day moving averages. The only exception is the 5-day moving average, which is currently lower.

When comparing the 1-year performance of Dabur India Ltd. with the overall performance of the Sensex, the company has shown a growth of 18.82%, while the Sensex has grown by 22.19%. This indicates that Dabur India Ltd. has performed slightly lower than the overall market.

Dabur India Ltd. is a largecap company in the FMCG industry, known for its popular brands such as Dabur Chyawanprash, Dabur Honey, and Dabur Red Toothpaste. The company has a strong presence in the Indian market and has been consistently delivering positive results. With its recent all-time high in stock price, Dabur India Ltd. continues to be a strong player in the FMCG sector.
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