Dabur India Shares Fall 4.48%, Dividend Announcement Likely On Oct 30; LIC Stake Rises

FMCG major Dabur India Ltd share today witnessed sharp decline of 4.34% on BSE. Current market price of Dabur India shares on BSE is Rs 626.40 apiece as the stock slipped 6.65% from 52-week high price of Rs 672.00 per share. Meanwhile, Dabur India share gained 20% in last 6-months.

Earlier, the company informed on September 24, 2024 about its upcoming meeting of Board of Directors scheduled to be held on October 30 to consider financial results and interim dividend. The company's market capitalisation stood at Rs 1,11,017.58 crore. Check key details below:

Dabur India To Consider Financial Results, Dividend: As per the exchange filing of Dabur India dated September 24, 2024, "Pursuant to provisions of Regulations 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, the 30th October 2024 to inter alia, consider and approve the unaudited financial results for the quarter/half year ending on 30th September 2024 and to consider declaration of interim dividend on the equity shares of the Company for the Financial Year 2024-25."

Dabur India Shareholding: FII/FPI have decreased holdings from 15.82% to 14.99% in Jun 2024 qtr. Number of FII/FPI investors increased from 802 to 807 in Jun 2024 qtr. Mutual Funds have increased holdings from 5.98% to 6.25% in Jun 2024 qtr. Number of MF schemes decreased from 30 to 29 in Jun 2024 qtr. Institutional Investors have increased holdings from 28.39% to 28.55% in Jun 2024 qtr, according to Trendlyne

LIC Stake Rises: Life Insurance Corporation Of India (LIC) has 3.71% stake in Dabur India as the PSU insurer has 65,828,461 shares of the company as of June quarter.
Dabur India Share Performance: The 52-week high price of Dabur India share is Rs 672.00 per share (as on 17/09/2024) and 52-week low price is Rs 489.00 (as on 16/04/2024), respectively. Dabur India has a PE of 76.22 and ROE of 22.22. Dabur India shares declined 4.52% in last 1-week, fell 5.91% in last 2-weeks, surged 20% in last 6-months, gained 13% in last 1-year, and rallied 40% in last 5-years.

Dabur India Dividend History: The company declared 49 dividends since May 23, 2001. In last 12 months, Dabur India announced an equity dividend of Rs 5.50per share. At the current share price of Rs 626.40 per share, it offers a dividend yield of 0.88%.

Dabur India Stock Split History: Dabur India split the face value of its shares once since November 27, 2000. It last sub-divided face value of its shares from Rs 10 to Re 1 in 2000. The share traded ex-split on November 27, 2000.

Dabur India Bonus Share History: The FMCG major declared a total of 3 bonus issues since January 19, 2006. Dabur's last bonus share was announced in the proportion of 1:1 with ex-date fixed as September 8, 2010.

About: Dabur India Limited is a leading Indian consumer goods company with interests in hair care, oral care, health care, skin care, home care and food & beverages. Dabur India Ltd. is one of India's leading FMCG Companies with Revenues of over Rs. 11,530 Crores & Market Capitalization of over Rs. 96,500 Crore. Building on a legacy of quality and experience of over 139 years, Dabur is today India's most trusted name and the world's largest Ayurvedic and Natural Health Care Company, according to its official website.