Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
420.20
Change Change %
-8.70 -2.03%

Updated:19 Jul, 2019, 15:59 PM IST

BSE
421.00
Change Change %
-8.00 -1.86%

Updated:19 Jul, 2019, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
28-07-2016 Sell 305.25 285.00
N/A
Target Hit Long (1Y)
28-07-2017

Religare maintains sell on Dabur India

Dabur's domestic volumes grew by 4 per cent in Q1 compared to our estimate of 7 per cent growth due to tepid performance across segments. However, input cost savings and lower ad spends resulted in 130 basis points increase in operating margin. We believe Dabur's near-term performance could be marred by weak macros and continued stiff competition from Patanjali.

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