** Dabur India DABU.NS falls 1.8% to 492.45 rupees after the release of its second-quarter results
** Co misses Q2 profit view as sweeping goods and services tax cuts disrupt sales
** Systematix says co's recent growth trends have been "underwhelming"
** Adds, beverages, hair care and oral see high competitive intensity leading to consumer/trade incentives
** Ambit says, all of Dabur's three core categories face some challenge of either structural growth or competition, underperforming despite better distribution and market share gains
** PhillipCapital says Dabur's focus on premiumization and digital-first brands to lift earnings may take time to play out, with legacy segments weak
** Stock rated "hold" on avg by 38 analysts; median PT at 541 rupees, as per data compiled by LSEG
** YTD, DABU stock down 2.5%
(Reporting by Ananta Agarwal in Bengaluru)
((Ananta.Agarwal@thomsonreuters.com))