Nomura says Dabur India's underperformance against peers continues

Dabur India

08/10/2025 06:08

** Shares of Dabur India DABU.NS fall 0.8% to 488.50 rupees, down for third straight session

** Brokerage Nomura says it believes DABU's underperformance against peers continues

** DABU, on Tuesday, said it saw short-term moderation in sales during the second quarter as consumers deferred purchases and retailers rushed to liquidate higher priced inventory ahead of tax cuts

** CLSA says DABU's Q2 consol revenue growth expectation is "relatively weak"

** Brokerage, however, expects overall FMCG sales to pick up in second half of FY26

** Investec says DABU's Q2 volumes are likely to grow by flat to low single digits

** DABU down ~4% YTD

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))