Dabur Stocks

Consumption recovery has been gradually strengthening and, while the market has started pricing in an improvement, the outlook remains dependent on the durability of demand

Dabur Q2 results: Dabur reported a 5.4 per cent year-on-year (Y-o-Y) rise in consolidated sales, led by 4.3 per cent growth in the domestic business, while India volume growth stood at 2 per cent.

The maker of Real fruit juice said it faced "short-term moderation in sales" in the second quarter, adding that its operating profit will grow in line with the consolidated revenue

Majority of stocks from the Sensex pack were trading in red with Sun Pharma, Tata Steel, Tata Motors, Infosys and Tech Mahindra among the top laggards.

Dabur shares rose 3 per cent after it reported a 2.8 per cent increase in net profit for the June quarter

Dabur's stock fell as much as 4.36 per cent during the day to ₹461.1 per share, the biggest intraday loss since April 7 this year

The maker of Hajmola candy and Real fruit juice, recorded a 5.5 per cent drop in net sales to Rs 3,028.6 crore from Rs 3,203.8 crore in the year ago period

Derivatives market update for Oct 04: Data shows Balrampur Chini, Dabur, Bata India, Reliance, Axis Bank and Manappuram Finance are few of the F&O stocks that saw short build-up on Thursday.

FMCG maker Dabur India is optimistic of a gradual uptick in consumption this fiscal and expects its power brands to drive growth as it expands deeper into the hinterland, its chairman Mohit Burman has said. Dabur expects an improvement in rural consumption, where it will continue to expand its footprint, while for urban markets, it will increase play by adding more premium offerings and entering into adjacent categories, according to the latest annual report of the company. "We are optimistic of a gradual uptick in consumption trends over the course of the next year, considering predictions of a normal monsoon, improving macroeconomic indicators, continued government spending on infrastructure building, and lower inflation," Burman said while addressing the shareholders of the company. The company is "confident" about the resilience of its business strategy. It expects its power brands to continue to drive growth as it expands its reach deeper, increasing its total addressable ...

The slowdown in consumption was on account of higher food inflation that had impacted the home and personal care segment

With reduced prices for most of its commodities, Dabur India expects to see expansion in gross margins in the current fiscal; the FMGC major has made an entry into the spices category

Patanjali is strengthening its distribution system by expanding it from the current one million outlets to about 1.5 million outlets

" The purpose of doing this transaction is to raise funds for financing some ventures in the private hands of the Burman family," the exchange filing said

Looks to get aggressive in segment dominated by Hindustan Unilever and Tata Tea

Saket Burman has been appointed as the non-executive vice chairman of the board of directors with effect from August 11 for a period of 5 years

Dabur's food and beverages vertical saw strong double-digit growth in the quarter on the back of improving out-of-home consumption, innovation, and intense summer season

Revenues fell 12.3% and pre-tax profit dropped 22.5% in March quarter

Focus on power brands and rural expansion augur well for the stock, trading at 43 times its FY21 estimated earnings

Here are the weekly stock recommendations by Religare Broking

Even as advertising spend was benign and aided margins, Dabur gained market share in 70-75 per cent of its domestic portfolio