Dabur India's Stock Declines by -3.4% on October 29, Remains a Strong Player in FMCG Industry

Oct 29 2024 11:00 AM IST
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On October 29, 2024, Dabur India's stock saw a decline of -3.4% and was given a 'Hold' call by MarketsMojo. The stock underperformed the sector by -2.07% and is currently trading below its moving averages. Despite this, Dabur India remains a largecap company in the FMCG industry with a strong market presence and a diverse product range. Investors are advised to monitor the company's performance.

Dabur India ., a leading FMCG company, saw a decline of -3.4% in its stock on October 29, 2024. The stock was given a 'Hold' call by MarketsMOJO, indicating a neutral stance on the company's performance.

On the same day, Dabur India's stock underperformed the sector by -2.07%. It touched an intraday low of Rs 537.1, showing a decrease of -3.02%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall market performance, Dabur India's stock showed a decline of -3.40% while the Sensex showed a decline of -0.57% on the same day. Over the past month, Dabur India's stock has seen a decline of -15.48% while the Sensex has seen a decline of -7.04%.

Despite the recent decline in stock performance, Dabur India remains a largecap company in the FMCG industry. The company has a strong presence in the market and continues to offer a wide range of products to its customers. Investors are advised to hold their positions and monitor the company's performance in the coming days.
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