Dabur share price: Sharekhan pegs target at Rs 675 - 20% potential upside
Sharekhan says that Dabur India consistently registered strong double-digit volume growth of 17%-18% in Q2FY2021 and Q3FY2021. Strong volume growth can be attributed to robust demand for healthcare and ethical products and market share gains in categories such as oral care, shampoos, Chyawanprash, and honey. Sharekhan says it has maintained a Buy recommendation on Dabur India with a revised price target of Rs 675
Sharekhan expects Dabur to register 30%+ volume in Q4FY2021 on account of sustained double-digit growth in healthcare and shampoos, improved sales in hair oils due to recovery in the hair oil category: Image taken from companies website