🧵 1. Dabur shares rise by 2% post strong Q4 earnings announcement. Profit up 16% YoY. Sales volume surge and price hike cited as factors driving growth. #business
🧵 1. Dabur shares rise by 2% post strong Q4 earnings announcement. Profit up 16% YoY. Sales volume surge and price hike cited as factors driving growth. #business
🧵 2. Dabur's consolidated net profit for Mar 2024 quarter hits Rs 341.22 crore, a 16.5% increase YoY. Revenue climbs 5.11% to Rs 2,814.64 crore.
🧵 3. Following share buyback approval and Q4 results, Dabur forecasts 8% rural sales growth for FY25. Expectations high for oral care and home care segments.
🧵 4. Brokerages maintain 'Buy' rating for Dabur, set target price at Rs 650. Strong rural growth and stable margins boost investor confidence in the company.
🧵 5. Prabhudas Lilladher maintains 'Accumulate' rating for Dabur, raises target price to Rs 563. Revised EPS estimates project 12.8% CAGR for FY24-26.
🧵 Read more at: https://www.financialexpress.com/market/dabur-shares-jump-over-2-after-q4-net-profit-rises-16-find-out-what-brokerages-say-3476066/