Shares of Dabur India fell more than 4% on Thursday even after the FMCG major reported Q1 earnings broadly in line with estimates, with brokerages highlighting key factors investors should watch out for now.
Dabur shares dropped to Rs 415.55 apiece on NSE on Thursday amid an overall muted market sentiment. The company on Wednesday reported a 15% YoY rise in consolidated net profit to Rs 591 crore for the April-June quarter of FY27, marking its third straight quarter of double-digit profit growth, helped by price increases, cost control and broad-based growth across its FMCG portfolio.