The company’s capacity expansion updates and, in particular, its near-term sales guidance make us positive about the stock.
In Tata Power and Ambuja Cement, short additions were near 60 percent and 80 percent. However, the recent short covering has seen closure of some shorts.
Besides, the Burman family-promoted firm is seeking to tap the young consumers who "are increasingly going back to their roots and taking pride in tradition" for its ayurveda and ayurvedic products.
Marico, Godrej Consumer Products and Dabur said they are helping their trade partners to liquidate current inventory to ensure a smooth transition and reduce the loss of sale at the retail level.
Mitessh Thakkar of mitesshthakkar.com advises buying Balkrishna Industries and Dabur India.
Chandan Taparia of Motilal Oswal Securities is of the view that one may buy TVS Motor and Dabur India.
In an interview to CNBC-TV18, Sunil Duggal, CEO of Dabur India spoke about GST and the latest happenings in the company.
Homegrown FMCG major Dabur has expanded its facial bleach range Fem by launching De-Tan Creme Bleach.
FMCG firms Dabur and Emami welcomed the rates on commonly used consumer items stating it would be beneficial but said more clarity is needed to understand overall impact.
"Kareena's vibrant persona, pan-India appeal and her confident attitude makes her a great fit for our brand," Dabur India DGM - Hair Oils, Rajat Nanda said.
Edelweiss is bullish on Dabur has recommended buy rating on the stock with a target price of Rs 327 in its research report dated May 02, 2017.
In an interview to CNBC-TV18, Sunil Duggal, CEO of Dabur spoke about the results and his outlook for the company.
The company had posted a net profit of Rs 331.48 crore in the January-March period of the last fiscal, Dabur India said in a BSE filing.
Nifty has a strong resistance near 9,275 levels sustain above said will unfold fresh targets.
Apart from adding new flavours and focusing on local fruits, the company is expanding its sales network to meet the target. It has also roped in Bollywood actress Shilpa Shetty as brand ambassador for B Natural juices and beverages.
In November last year, Dabur said its arm Dabur South Africa (PTY) has entered into an agreement to acquire the South African business of development, manufacturing, packaging and sale of personal care products of CTL Contracting Proprietary. The deal is valued at USD 1.5 million (Rs 10 crore).
"With the help of the mobile honey testing lab, bee- keepers can now test the purity of their honey and avoid adulteration," the company said in a statement.
ITC will benefit if excise duty on cigarettes is hiked by 8-10 percent and halving of cess to 8-10 percent can increase ONGC‘s EPS by 16-17 percent. The FM may announce universal basic income scheme which plans to directly transfer money to eligible individuals.
Top US and European multi-product retailers want the government to allow these stores to sell home and personal care products in a limited way. People privy to the development say that the government may accede to this demand.
Here are 5 stocks where insiders sold post-November 8, when PM Narendra Modi made his surprise demonetisation announcement.
In a panel discussion on CNBC-TV18, representatives from India Inc listed their views and concerns on the likely impact the new tax regime brings on their business and industry.
Country's seven leading FMCG companies have fared better than their multinational peers in terms of revenue growth in India during 2015-16 fiscal, says a report.
Commenting on the second quarter performance, Dabur CEO Sunil Duggal said the company is focusing on driving up volume growth. He added that the company will intensify promotions to propel volume growth.
The company will be used as as a base for local supply chain expansion and perhaps, other acquisitions in future, said Sunil Duggal, Chief Executive Officer, Dabur.