In contrast, auto companies and their dealers have not been that bullish with hiring, despite tractor sales increasing in May
In others, it's too early to predict; while in some, once pent-up demand has been satisfied, it could fall again
Most firms not indicating financial impact
All its factories and warehouses are open, barring the one in Assam.
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.
Today, a total of 21 companies, including Dabur India, Sun Pharma, and United Spirits are scheduled to announce their results.
Top executives at auto, tractor and consumer packaged goods firms are optimistic. They are betting on the reverse migration of labourers boosting consumption and prediction of a favourable monsoon.
As ayurvedic formulations get a renewed push in the fight against Covid-19, can one of the oldest players in the segment step up its game?
According to the Federation of West Bengal Truck Operators' Association (FWBTOA), truck availability has only improved marginally around 10 per cent of a total 9 million trucks in India.
For Himalaya, the surge in demand has been seen particularly in its Pure Herbs range such as Guduchi, Tulasi, Amalaki, Ashwagandha and others
Incentive hikes, credit period extension among steps taken to support them during corona crisis
Trading at 77x, its trailing 12-month net profit against industry average of about 43x
Leaning in on nostalgia and its long-standing relationship with customers, the legacy brand strives to be seen and heard amidst a lockdown
According to Nielsen, panic buying of food items and hygiene products has pushed up growth rates of food and non-food categories by 300 and 400 basis points respectively.
Ajanta Pharma's stock has seen a fresh breakout from the trading range of roughly 1350-1480 levels
According to experts, discretionary businesses like food services and jewellery continue to have a greater presence in urban areas versus rural areas, where consumption slowdown has been pronounced.
Terming it as "incremental budget", Dabur India CEO Mohit Malhotra said the government continues to focus on farmers' income and is offering significant sops at the lower end of the spectrum
The management, however, said the near-term outlook for demand growth remains challenging with most key categories reporting a steady decline in value and volume growth.
Topline up 7% led by 5.6% rise in volumes on faster rural sales, while pre-tax profit up over 9%
Focus on power brands and rural expansion augur well for the stock, trading at 43 times its FY21 estimated earnings