Page 5 - Dabur India

Stocks to Watch today, Jan 5: Sobha, Dabur, Grasim, REC, Jupiter Wagons

Stocks to Watch on Friday, January 5, 2024: Grasim Industries' Board has approved fund raise via rights issue worth Rs 4,000 crore.

Weak rural demand to delay Dabur's recovery; worst performer among peers

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

Religare chief Rashmi Saluja claims corporate gender discrimination

Religare Enterprises Chairperson Rashmi Saluja, who is under attack from promoters of Dabur Group, on Tuesday said she was a victim of corporate gender discrimination. The accusations not only target Saluja but also undermine the entire management and board, who have tirelessly worked towards making Religare a debt-free organisation over the past five years, Religare Enterprises said in a statement. Burman family -- the promoters of Dabur -- has filed a complaint with regulatory authorities seeking a probe into the sale of shares by Religare Enterprises Ltd's Chairman Rashmi Saluja. In response to the accusations, Saluja, through a spokesperson, said, "The recent allegations are not just an attack on me but an attack on the entire leadership and board. We remain steadfast in our commitment to transparency and fairness. The share sales were conducted following due processes, and we are confident that truth will prevail." She added, "I believe in the power of resilience. Our fight i

PFC, Yes Bank: Trading strategies for stocks to be added to BSE 100 index

The BSE on Friday announced changes to its Sensex 50, Sensex Next 50 and the BSE 100 index; here's what the charts suggest for select stocks.

Dabur plans to open mfg unit in South India; portfolio expansion in offing

Leading FMCG and ayurvedic products maker Dabur is planning to set up a new factory in South India in less than a year's time, as its business scales in the region, according to company's CEO Mohit Malhotra. Dabur, which now gets 20 per cent of its domestic sales from South India with its business there doubling in the last 5-6 years, is identifying gaps and usages to launch products customised to the markets, he told PTI in an interview. The company, having 13 manufacturing units across the country, is augmenting its capacity further to meet the demand and is diversifying its manufacturing activities by adding new lines, he added. Dabur India, which has an annual capex of around Rs 350-450 crore, also plans to expand its manufacturing activities in the international markets catering to regions such as the Middle East and Europe. Besides, the company is consolidating its manufacturing operations and has shut down some units where tax sunsets are coming in, and opening new units whe

Can Dabur hold its long-term 15-year old support? Chart check here

Dabur has been trading with a negative bias for more than a month, further its alleged involvement in the illlegal betting app may dent sentiment. However, support at Rs 517 is the key, shows chart.

Stocks to Watch today, Nov 15: Dabur, ASK Auto, TaMo, PC Jeweller, Yatra

Stocks to Watch on Wednesday, November 15, 2023: The Mumbai Police has filed an FIR in connection with the Mahadev betting app scam against prominent figures from the Dabur Group

FIR filed in Mahadev betting case, Dabur Group's Burmans deny charges

"Mohit Burman and Gaurav Burman do not know or have ever met the accused mentioned in the FIR being selectively circulated in the media," the spokesperson of Burman Family said

Dabur expects Badshah Masala to grow sales, takes it to overseas markets

Homegrown FMCG major Dabur is taking its spice brand Badshah to overseas markets, expecting the brand it acquired last year to contribute around 4 per cent to international sales this fiscal, its CEO Mohit Malhotra said. The company is eyeing the diaspora markets of the US, UK and the Middle East and is in the process of getting regulatory approvals and upscaling manufacturing. Also, in the domestic market, Dabur has plans to take Badshah Masala to North, East and South besides expanding further in western markets of Maharashtra and Gujarat. "The business (Badshah) is growing and this year it should contribute around 3-4 per cent of our overall international business. We expect a high double-digit growth from here," Malhotra told PTI. According to him, overseas markets present a "big business opportunity" for Badshah, specially in the UK and US where there is a significant presence of Indian diaspora which consumes Indian spices. "We feel Badshah has a lot of scope in the UK and .

Good recovery in rural mkts, hopeful to grow at par with urban: Dabur CEO

Home-grown FMCG major Dabur India is seeing "very good recovery" in rural markets and expects growth from these markets to come at par with the urban market in the next 3-4 quarters, CEO Mohit Malhotra said. As inflation is coming down with the cooling of commodity prices, a "slow volume recovery" is happening in those markets, which is narrowing the difference between the growth rate between rural and urban, he said. The recovery from the rural market is likely to continue despite a disruption in rain in some parts of the country, led by factors such as hike in MSP, good sowing of winter crops, and election season. Besides, India's unemployment rate has decreased in the rural areas and the consumer confidence index is also at an all-time high, almost reaching the pre-COVID level, he added. "There are definite very good recovery signs, which actually I am seeing. The festive season which is coming in, should augur very well for us going forward in the future. So I am very hopeful,"

Open to acquisitions in health, personal care categories: Dabur Chairman

Dabur India is the maker of Hajmola and Fem beauty bleach

Burmans write to Sebi seeking probe into Religare share sale by chairperson

The Burman family has written to the Securities and Exchange Board of India, seeking a probe into trades in the shares of the Religare Enterprises Ltd by chairperson Rashmi Saluja

No plans to change board after Religare buy: Dabur Chairman Mohit Burman

Burman said the family office has been a shareholder of REL since 2018 and participated in its two preferential issues in 2018 and 2021

Dabur India looking for acquisitions with Rs 7,000 cr cash reserve: CEO

Homegrown FMCG maker Dabur India, armed with a cash reserve of Rs 7,000 crore, is scouting for acquisition opportunities in healthcare and home & personal care segments, according to its CEO Mohit Malhotra. Besides, Dabur is looking for acquisition opportunities in the online space, and with several D2C (Direct to Consumer) brands operating in it, it finds the valuation "more reasonable" now and will pursue it if it finds a suitable one for growth, he said. The company is scaling its presence in the online space, which includes e-commerce channels and D2C business, where it plans to introduce more innovations under existing brands and through inorganic opportunities. "We are introducing innovations there. Those innovations are coming on the back of existing brands and these innovations will come on the back of some new brands that we might launch or we are looking at an acquisition for a new brand," Malhotra told PTI. The company would pursue organic growth with new brand launches

Dabur Q2 results: Net profit rises 5.1% to Rs 515 cr, ad spends grow 42.6%

Analysts, on average, had expected a profit of Rs 513 crore, according to LSEG data

Dabur appoints former CEC Sushil Chandra as new independent director

Chandra has been appointed as an independent director for a period of five years, subject to the approval of shareholders

Stocks to Watch today: Bajaj Auto, Wipro, RIL, Dabur, IndusInd, Bandhan Bk

Stocks to watch on Thursday, October 19, 2023: FMCG majors ITC, Hindustan Unilever and Nestle also likely to be in focus ahead of Q2 results today.

Dabur receives Rs 320 crore GST demand; company to challenge notice

The company intends to challenge the notice based on 'strong merits' in front of the relevant authorities and has ensured this does not impact the overall financials or operations going forward

Market regulator Sebi examining Burmans' open offer for Religare Ent

On September 26, the Burman family announced the open offer to acquire an additional 26 per cent stake in Delhi-based Religare Enterprises, costing up to Rs 2,116 crore

FMCG consumption showing improvement, gradually recovering: Dabur India

Helped by encouraging macro indicators, FMCG consumption is showing improvement year-on-year, though the recovery has been gradual, Dabur India said in its quarter updates. This quarter witnessed a mild summer and a slightly deficient monsoon. The festive season is later than normal this year due to which offtake related to festivals is delayed and will carry forward to the next quarter, it said. "We expect recovery of consumption in both urban and rural markets in India due to improving macro indicators, increase in government expenditure and positive consumer sentiment," Dabur said. The homegrown FMCG major expects a "mid to high single-digit growth" in its consolidated revenue during the July-September quarter. "In India business, Healthcare and HPC segments are expected to grow in high single-digit," it said in an update for the quarter ending on September 30, 2023. However, it anticipates the F&B business to remain "slightly below last year's revenue" on account of a mild ...