Dabur shares rose 4% as the company saw double-digit growth in the second quarter, while the fast-moving consumer goods sector was positioned for a strong performance.
Shares respond to Q2 growth
The rise in Dabur’s shares followed the company’s double-digit second-quarter growth. The move puts the company among FMCG businesses drawing attention for their performance during the period.
Sector outlook
The update also points to positive expectations for the broader FMCG sector. The available information does not provide further details on the company’s financial results or the factors behind the growth.
Dabur’s 4% share gain and reported double-digit Q2 growth are the key developments, alongside the expectation of a strong performance across FMCG.