Saket Burman has been appointed as the non-executive vice chairman of the board of directors with effect from August 11 for a period of 5 years
Its ability to maintain margins will depend on the raw material cost basket
CLOSING BELL: PSU banks were the worst hit today with the Nifty PSB index down 1.75 per cent
The current chart formation is akin to 2011, provided ITC ends August on a positive note. Post which, the stock can potentially double from current levels.
With 19 single-use plastic items banned from July 1, including the straws, companies including Dabur India Ltd. and Parle Agro Pvt, have been racing to replace them with imported paper versions
Stocks to watch today: L&T Technology Services and Jindal Steel and Power will share June quarter 2022 (Q1FY23) results on Friday, July 15.
In FY22, the company's turnover crossed Rs 10,000 crore mark for the first time
Stocks to watch today: Tata Elxsi, L&T Infotech will report their June quarter results 2022 on Thursday July 14; Mindtree posted 37.3 per cent rise in net profit to Rs 471.6 crore for Q1FY23.
Dabur held 76 per cent stake in the firm before acquisition through its subsidiary Dabur International, while the remaining 24 per cent was held by Advanced Chemical Industries, the company said.
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