Hul Dabur India

Dabur to drop underperforming tea, diapers; focus on Qcommerce for growth

Homegrown FMCG major Dabur India will exit categories such as tea, adult and baby diapers, and sanitising products as part of rationalisation of its underperforming products, said CEO Mohit Malhotra. The company, aiming "to achieve sustainable double-digit CAGR by FY28 in both topline and bottomline" has renewed its strategy focus, building on its core strengths, he added. Dabur is going for "rationalisation of underperforming products and SKUS in order to release capital for bigger bets. A few examples of these are Vedic tea, adult & baby diapers and Dabur Vita," said Malhotra during the investors' call. These segments contribute less than 1 per cent to Dabur's revenue, which stood at Rs 13,113.19 crore in FY25. "So we will get out of these categories and focus on big, bold equities which we have identified, and the core portfolio is where we will invest," said Malhotra. Dabur, as per its new vision strategy, would continue to invest in core brands, would focus on premiumisation

FMCG index gains over 1% in weak market; HUL, Marico, Colgate rally upto 5%

The upcoming Union Budget is the near-term catalyst, where central government actions to revive consumption cycle would be key.

Nestle India shareholders vote against increase in royalty to Swiss parent

About 70.8% of public shareholders voted against the increase, a filing showed

Dabur Q4 results: Profit up 16% at Rs 349.5 cr, rural business beats urban

The maker of Real fruit juices and Hajmola candy saw its rural business outpacing urban in the last quarter on the back of a growing distribution system in the rural areas

Five additional brands crossed Rs 100 cr in sales in FY23, says Dabur India

With reduced prices for most of its commodities, Dabur India expects to see expansion in gross margins in the current fiscal; the FMGC major has made an entry into the spices category

Dabur India promoters sell 1% stake through block deal to finance ventures

" The purpose of doing this transaction is to raise funds for financing some ventures in the private hands of the Burman family," the exchange filing said

Dabur makes an entry into Rs 5,600-crore premium tea market with Vedic tea

Looks to get aggressive in segment dominated by Hindustan Unilever and Tata Tea

Dabur to spend Rs 550 cr on new MP plant in largest location-wise exposure

The firm has secured 51 acres of land and begun construction work for the initial phase, which is to be completed within the current financial year

Nifty outlook and stock recommendation by CapitalVia: Buy Dabur, HUL

As per weekly option data, handful of put writing on lower strikes ranging from 8,800 to 9,200 is seen which shows Nifty would witness firm support in sub 9,000 zone

Burmans of Dabur hold 9.26% in Eveready after second stake hike in a month

Family picks up 3.34% in India's largest battery maker with latest move, may consider further investments depending on how the company performs

From HCL Technologies to UltraTech Cement, here're 10 stock picks for 2020

The economic slowdown and uncertain environment have led investors to put their faith in quality and size.