Picture of Dabur India logo

DABUR — Dabur India News Story

0.000.00%
in flag iconLast trade - 00:00
Consumer DefensivesConservativeLarge CapHigh Flyer

Dabur India falls after tepid quarterly results; analysts flag ongoing structural underperformance

** 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))

Recent news on Dabur India

See all news