Latest Updates Around The World
Shares of FMCG giant Dabur India could see action on Friday, January 30, after it reported a 7% year-on-year increase in consolidated net profit for the December quarter at Rs 560 crore, compared to Rs 522 crore in the same period last year. The profit after tax (PAT) accrues to the owners of the holding […]
India’s largest life insurer Life Insurance Corporation (LIC) has increased its stake in FMCG companies Tata Consumer Products and Dabur India, according to filings of both companies with the stock exchanges. LIC has increased its stake in Tata Consumer by 2.012% to 8.645% from 6.633% earlier. The additional stake amounts to over 1.99 crore shares. […]
Et Intelligence Group: Consumer Goods Company Dabur India was able to maintain the operational margin year-on-year in the quarter of June, despite the inflationary pressure, helped by the increase in product prices and cost-saving initiatives. In view of the softening of the input costs in the current quarter, the company is expected to be reported […]
