Dabur India

Shares of Dabur India slipped 4 percent to Rs 461 apiece on May 8 after the company posted a subdued performance for the March quarter. Most brokerages maintained their ratings, with the company guiding for high-single digit sales growth in FY26. Macquarie retained a "neutral" rating on Dabur with a target price of Rs 480 per share, noting that the Q4 operational performance was broadly in line. “The company expects a gradual recovery, supported by the impact of a 3.5 to 4 percent price hike implemented in the fourth quarter,” it said. Nuvama Institutional Equities, however, cut its target price to Rs 615 per share from Rs 635, citing sluggish urban demand.