BQ Edge | Why Dabur’s Stock Looks Poised To Buck The Trend

Ashish Chaturmohta of Sanctum Wealth Management sees an upside in Dabur despite weakness in the Indian equity market.

A range of Dabur India Ltd. products (Photographer: Prashanth Vishwanathan/Bloomberg)  

BQEdge is specially curated for BQBlue subscribers. This series offers special equity market and stock-specific insights and flags select emerging trends in the tricky-to-trade derivatives market.

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Ashish Chaturmohta of Sanctum Wealth Management sees an upside in Dabur India Ltd. despite weakness in the Indian equity market. Technical formations, the stock's ability to hold on to a range despite worsening market sentiment and relatively strong fundamentals could lead its share price higher in the near terms, says Chaturmohta.

Watch | Can Dabur Buck The Trend?

The views and recommendations expressed here are those of the guest and do not represent the views of BloombergQuint or its editorial team.

Please consult a professional adviser before making financial decisions.

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