Analysts recommend holding Dabur shares for a two-year horizon
NDTV Profit advisers described Dabur India as fundamentally strong and recommended holding the FMCG company’s shares for around two years. The stock was quoted at Rs 411.60 in the report.
NDTV Profit advisers recommended holding Dabur, Nykaa, JSW Cement and Indo-MIM shares, while calling Lumax Auto Technologies a buy with a Rs 1,700 target. Dabur was described as fundamentally strong for a two-year holding period.
Why this matters
The hold recommendation follows FSSAI’s instruction to halt Dabur food sales carrying disputed “100%” claims and Dabur’s subsequent revisions to labels and advertising.
Retail-company signals are accelerating, up 208200% QoQ.