Profit

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

NSE
455.70
Change Change %
-11.15 -2.39%

Updated:21 Sep, 2018, 15:54 PM IST

BSE
456.10
Change Change %
-9.65 -2.07%

Updated:21 Sep, 2018, 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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