Dabur India recovers 4% from day's low, trades 2% up despite weak Q4 nos

As the lockdown restrictions eased gradually, Dabur has been at the forefront of delivering authentic Ayurvedic solutions to meet the emerging Health Care needs of consumers in the post-COVID market.

Shares of Dabur India moved higher by 2 per cent to Rs 439, recovering nearly 4 per cent from the day's low on the BSE on Thursday, despite weak earnings for the quarter ended March 2020 (Q4FY20) on value buying. In the past five weeks, the stock of personal products company has underperformed the market by falling 15 per cent, as compared to a 1 per cent rise in the S&P BSE Sensex.

The stock of Dabur India was down 2 per cent in the early morning deal after it reported a sharp 12 per cent year-on-year (YoY) decline in revenues