Dabur hits 52-week low; slips 10% in one week on disappointing Q4 results

The company's revenue growth was impacted by the slowdown in rural demand. While the rural overhang will continue in H1FY23, with good monsoon predictions, rural demand can improve in H2FY23.

Shares of Dabur India hit a 52-week low of Rs 499.35, falling 1 per cent on the BSE in Tuesday’s intra-day trade. The shares have declined 10 per cent in the past one week after the company reported a disappointing set of numbers for March quarter (Q4FY22).

The stock of the personal care products company fell below its previous low of Rs 502 touched on March 3, 2022. At 12:03 pm; Dabur India was trading 0.26 per cent lower at Rs 503.15, as compared to a 0.5 per cent rise in the S&P BSE Sensex.

For Q4FY22, Dabur