Dabur India Ltd drops for fifth straight session

Dabur India Ltd fell for a fifth straight session today. The stock is quoting at Rs 428, down 0.34% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.83% on the day, quoting at 24273.6. The Sensex is at 77983.71, up 1.03%.Dabur India Ltd has eased around 0.16% in last one month.Meanwhile, Nifty FMCG index of which Dabur India Ltd is a constituent, has eased around 1.99% in last one month and is currently quoting at 48408, up 0.53% on the day. The volume in the stock stood at 11.47 lakh shares today, compared to the daily average of 21.6 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 428.8, up 0.75% on the day. Dabur India Ltd tumbled 18.1% in last one year as compared to a 2.78% slide in NIFTY and a 13.88% fall in the Nifty FMCG index.

The PE of the stock is 51.06 based on TTM earnings ending March 26.

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