DABUR

r Share Price Target: Morgan Stanley sees 21% downside on muted growth - Buy the dip or sell?

Dabur Share Price Target: Shares of Dabur India were in focus on Tuesday (February 18) after the FMCG and ayurvedic products maker announced the appointment of a new Chief Executive Officer for its India business. The stock was trading 1.7 per cent lower, down Rs 8.7 at Rs 508.05 as of 10:05 am. The Burman family-promoted company, a constituent of the BSE 200 index, has a market capitalisation of Rs 90,112.33 crore. Following the update, Morgan Stanley analysed Dabur India and sees a downside of over 21 per cent from the current market price of Rs 508.05.