Dabur India Q1 Profit Lag, Analysts Cautious

  Published 1 year ago

Dabur India's Q1 operating profit growth lags low single-digit revenue growth despite urban demand boost and volume rise, with shares up 3%.

  • Nomura rates 'buy' at 550 rupees, citing underperformance vs peers and rural growth mismatch.
  • Morgan Stanley 'underweight' at 396 rupees, forecasts weak earnings growth to persist amid flat top, line.
  • Macquarie 'neutral' at 480 rupees, worries beverage weakness hampers near-term growth prospects.

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