Dabur India Ltd (DABUR)

Dabur Promoters Accuse Religare Management of Insider Trading - 26 Apr, 2024

The Burman family, promoters of Dabur India Ltd, have accused Religare Enterprises' management, including CEO Sunil Godhwani and Chairman Shivinder Mohan Singh, of insider trading. The Burmans allege that Religare's former CEO, Shachindra Nath Saluja, sold shares before the announcement of an open offer, while they were gradually increasing their stake in the company. Meanwhile, independent directors of Religare have levelled allegations of fraud against the Burmans with regulatory authorities.

Dabur India Rebounds After Support at Retracement Level; Collaborates for Pond Reconstruction - 22 Apr, 2024

Dabur India's share price is rebounding after taking support at the 38.2% retracement level, indicating a resumption of an upward trend. Additionally, Dabur India's CSR arm has collaborated with the Village Panchayat to reconstruct a pond in Himachal Pradesh.

Dabur India Stock Trading in Oversold Zone - 16 Apr, 2024

Dabur India's stock is trading in the oversold zone as its Relative Strength Index (RSI) falls to 29.5. However, Dabur India expects consumption to pick up with a positive outlook for the rabi crop harvest and normal monsoon forecast.

FMCG Stocks Trade Lower, Dabur India Down 1% - 15 Apr, 2024

Dabur India Ltd's stock was down by 1% on Monday along with other FMCG stocks like Hindustan Unilever and Godrej Consumer Products. The Nifty FMCG index was also down by 0.87% during the day.

Dabur India Expects Stronger Summer Sales Boost - 11 Apr, 2024

Dabur India reports an increase in revenue and net profits for FY23. The company anticipates strong demand for its summer-centric products and has expanded production capacity.

Dabur India Expects Consumer Demand to Improve in Coming Quarters - 10 Apr, 2024

Dabur India reported that rural growth picked up due to price rollbacks in staples, leading to a narrowing gap between rural and urban areas. The company expects consumer demand to improve in the coming quarters as macroeconomic indicators remain robust.

Dabur India Faces Adverse Factors, Subdued Demand in Q1 2024 - 09 Apr, 2024

Dabur India Ltd. faces adverse factors such as low farm income and regional competition, while the demand environment remains subdued in Q1 2024, according to early commentaries and channel checks.

Dabur India's Q3 and Q4 Updates Reveal Sluggish Demand Trends - 08 Apr, 2024

Dabur India's Q3 and Q4 updates reveal sluggish demand trends with the company expecting mid-single digit growth in consolidated revenue. The stock hit a 52-week low after the Q4 update.

Dabur India Expects Mid-Single Digit Growth in Q4 Revenue - 07 Apr, 2024

Dabur India expects mid-single digit growth in Q4 FY24 revenue, with rural growth picking up due to price rollbacks in staples. FMCG giants anticipate double-digit growth from international business on a constant currency basis.

Dabur India Expects Mid-Single Digit Growth in Q4 Revenue Despite Sluggish Demand Trends - 05 Apr, 2024

Dabur India expects mid-single digit growth in Q4 revenue despite sluggish demand trends. The company observed a pickup in rural growth driven by staple price reductions, narrowing the gap between rural and urban areas. Citigroup maintains a sell rating on Dabur India and slashed the target price to Rs 500 from Rs 520 earlier.

Dabur India Faces Downturn Due to Sluggish Demand Trends - 04 Apr, 2024

Dabur India Ltd's Q4 FY24 consolidated revenue is expected to rise in mid-single digits due to sluggish demand trends during the quarter. The company anticipates higher A&P spends and gross margin expansion due to deflation in input costs. International Business is projected to deliver double-digit growth in constant currency terms. However, the company's operational profit is expected to rise slightly faster than its revenue, with operating margins improving year on year.

Dabur India Receives Positive Recommendations from Motilal Oswal Securities - 03 Apr, 2024

Dabur India receives positive recommendations from Motilal Oswal Securities, including an increase in portfolio weights for consumer products companies and a BUY rating with a target price of Rs 650.

Dabur India Ltd Rises as Analysts Recommend Buying - 02 Apr, 2024

Analysts recommend buying Dabur India Ltd., with Motilal Oswal suggesting an increase in portfolio weight for staple companies. The brokerage has set a target price of ₹650, while the stock has risen for five consecutive sessions.

Dabur Promoters to Focus on B2C Ventures and Operational Turnarounds - 30 Mar, 2024

Mohit Burman, Chairman of Dabur India, stated that the Burman family intends to prioritize business-to-consumer ventures and operational turnarounds. The Dabur group has a presence in various sectors, including FMCG and financial services.