ET Intelligence Group: In 2017, broad market indices such as the Sensex and the Nifty delivered 28 per cent and 29 per cent returns, respectively. The company's Navi Mumbai hospital is expected to break-even in the first quarter of the next fiscal. With increase in RE, the company's return on equity is likely to enhance in the next three years. Besides, the company's valuations look attractive — its stock trades close to its six-year average price-earnings multiple.Dabur is one of the few consumer companies with higher exposure to the rural market. Due to demonetisation, the company's volume growth was severely impacted over the past few quarters.
Source: Economic Times January 03, 2018 03:56 UTC