Dabur India's Stock Performance Declines, Underperforms FMCG Sector

Oct 24 2024 12:00 PM IST
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Dabur India, a leading FMCG company, has seen a consistent decline in its stock performance over the past 6 days, with a total fall of -6.16%. The stock has also been underperforming in comparison to the FMCG sector and is currently rated as 'Hold' by MarketsMojo. However, it remains a largecap company in the industry.

Dabur India ., a leading FMCG company, has been facing a downward trend in its stock performance. On October 24, 2024, the company's stock lost -3.16%, closing at Rs 545.75. This decline has been consistent for the past 6 days, with a total fall of -6.16% during this period. The stock has also been underperforming in comparison to the FMCG sector, which has fallen by -3.23%.

According to MarketsMOJO, a leading stock analysis platform, the current call for Dabur India's stock is 'Hold'. The stock has also been trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a bearish trend.

In terms of overall market performance, Dabur India's stock has underperformed the Sensex by -0.05% in the past day and -5.74% in the past month. However, it is important to note that this is a fact-based analysis and does not include any future potential or expert opinions.

Despite the recent decline in stock performance, Dabur India remains a largecap company in the FMCG industry. As a responsible and neutral news source, we provide this information for our readers to make informed decisions about their investments. We will continue to monitor the performance of Dabur India and provide updates as necessary.
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