Dabur India Ltd eases for fifth straight session

Dabur India Ltd dropped for a fifth straight session today. The stock is quoting at Rs 605, down 0.14% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.1% on the day, quoting at 24162.8. The Sensex is at 79107.38, up 0.19%.Dabur India Ltd has lost around 4.33% in last one month.Meanwhile, Nifty FMCG index of which Dabur India Ltd is a constituent, has increased around 2.04% in last one month and is currently quoting at 61495.75, down 0.32% on the day. The volume in the stock stood at 13.19 lakh shares today, compared to the daily average of 30.98 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 604.7, down 0.52% on the day. Dabur India Ltd jumped 7.01% in last one year as compared to a 24.13% rally in NIFTY and a 18.3% spurt in the Nifty FMCG index.

The PE of the stock is 69.91 based on TTM earnings ending June 24.