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
Shares of Hindustan Unilever are exhibiting a major breakout, whereas Dabur India and Marico are not exhibiting much of a promise on the charts.
However, beverage companies have resorted to different measures to ensure that stocks in the supply chain are not sold with plastic straws
According to the technical analyst from Anand Rathi, Wipro can rally up to Rs 445, while Dabur can gain up to Rs 526.
With this, Burmans' holding in the company stands at 38.3%
Companies have moved toward lighter loads in their cheapest packages amid rising costs of edible oils, grains and fuel
All the 100 vehicles would be inducted within the next 12 months across the nation, Dabur India Ltd CEO Mohit Malhotra said in a statement
Instead of a recovery in gross margins in fiscal 2022-23 (FY23), Jefferies now builds-in 50-200 basis point (bps) YoY decline, assuming crude stays closer to $100 a barrel and palm oil at $1,500/MT
The open offer has been priced at Rs 320 per share aggregating to a total consideration of up to Rs 605 crore.
We plan to clean the company and run it in a professional manner: Mohit Burman
Company needs direction and the brand has immense potential: Mohit Burman
Move will help Dabur leverage IndianOil's reach via booklets given to consumers through OMC's delivery team. An app will also help customers order directly, and get the products delivered by this team
Distribution, new product contribution, and portfolio expansion are positive
Amul has accelerated its expansion plans in ice creams and other ready-to-eat products
The risk reward ratio for CEAT looks highly lucrative at current levels to go long for a bounce.
The sales network of Dabur India covers around 83,500 villages and the company aims to cover 90,000 villages directly by next year.
Changes in the income-tax, likely good monsoon and the on-going above normal Rabi acreage along with higher MSPs are the key triggers analysts are betting on for the consumption revival
Home-grown FMCG major Dabur India is looking at the future with "great optimism" but challenges from the pandemic are far from over, its Vice Chairman Mohit Burman said
The management is confident of double digit sales growth and steady margins in FY22
The firm reported a 28.4 per cent jump in its profit after tax (PAT) on a year-on-year basis