Dabur slips back and breakout failed despite Q2 profit rise

Dabur India shares fell 1.90% to Rs 375.25 after Q2 results on 4 Nov 2026 and a failed breakout above 395.25. Support is at 354 and resistance at 400. Dabur India Limited [ DABUR ] shares resumed their downward momentum after the Q2 consolidated results released on 4 November 2026. The latest session closed 1.90% lower at Rs 375.25. Profit rose 11.7% year on year to Rs 505.5 crore, against Rs 452.6 crore. Revenue grew 11.6% to Rs 3,563.1 crore from Rs 3,191.3 crore. This was the fourth consecutive quarter of double-digit profit growth. India FMCG business grew 10.7% and international business grew 20%. Premium brands grew at four times the pace of regular brands and account for 20% of the domestic business. On the daily chart, price broke above the resistance at 395.25 after the results but could not hold above it, and the gains reversed sharply. That level now sits above price, and resistance has shifted towards 400. The RSI (14) is at 48.16, just above its signal line at 45.69, which points to neutral momentum. In my view, the setup stays weak while price trades below 395.25, and a reclaim of that level followed by a move above 400 would be needed to improve it. A break below the 354 support would extend the downtrend. Stance: cautious to bearish below 395.25, with 354 as key support and 400 as resistance. Disclaimer: I do not hold any position in this. This content is for informational purposes only and is not a recommendation to buy or sell. Investments in securities are subject to market risks. Please read all related documents carefully before investing.