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Promoters held 66.11 per cent stake in the company as of March 2023 quarter while FIIs owned 11.35 per cent, DIIs 6.58 per cent.

Despite the benchmark Sensex failing to give positive returns in the June quarter of the last three financial years, 26 BSE-listed companies have managed to deliver index-beating and multibagger returns. The companies include BLS International, Chemcrux Enterprises, Chennai Petroleum Corp, De Nora India, Elecon Engineering, Gokul Agro Resources, Imagicaaworld Entertainment, Jupiter Wagons, Mangalore Refinery and Petrochemicals, Salasar Techno, and Shree Renuka Sugars.

The Relative Strength Index of the stock stood at 82.13 on Monday.

The Futures Long Position scan conducted on May 5 revealed that six Nifty50 stocks signalled aggressive new long positions.

After the company reported strong January-March quarterly results, several top Indian and foreign brokerages took a view on the stock. Among foreign brokerages, Macquarie maintained an ‘outperform’ rating on the stock while Goldman Sachs took a ‘buy’ view. In the domestic pack Motilal Oswal has a ‘buy’ rating while Yes Securities has a ‘neutral’ stance on the counter.

Dabur India, incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 90289.07 Crore) operating in FMCG sector.

A total of 99,640 shares changed hands on the counter till 10:36AM (IST)

The Indian market closed lower due to muted global cues, with the S&P BSE Sensex falling nearly 700 points, and Nifty50 ending near 18,000 levels. Stocks that rose were ITI, Engineers India and TVS Motor Company. Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, recommends that investors consider Engineers India and TVS Motor Company as buys, while ITI is a risky buy. According to the momentum indicator MACD and the RSI, both companies are showing positive signs and have a strong demand zone during any correction.

As long as the job market doesn’t show signs of weakness, equity markets may not correct much. Inflation is under control as far as our economy is concerned and falling crude oil prices will only help.

Different kinds of loans require different repayment strategies, says Aparna Ramachandra, Founder-Director. Secured loans, like home or auto loans, have longer time horizons and require different strategies than personal loans or digital/fintech loans. Prepayment terms and part-payment options should be investigated for expensive loans. Seeking external help should be considered when debt payment becomes unmanageable.