INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of consumer goods maker Dabur India slipped into the red on Thursday after the company reported a tepid growth for the
Dabur India reported a 4 per cent increase in net profit for the second quarter and an 8 per cent growth in total revenue following muted
growth in beverages, currency headwinds and the festive season shifting to the third quarter
Shares of the company inched up by half-a-percent in morning trade, but slipped 3.22 per cent to Rs 373 later.At 10.15 am, the stock hit Rs
375.80, down 2.49 per cent, but not before sliding 3 per cent at one point
The benchmark Sensex was 0.07 per cent up at 34,467.
Market was trading rangebound amid positive global cues
On the Sensex, 16 stocks advanced and 15 declined
Wipro, HUL, TCS, Infosys and Coal India were among the top losers of the Sensex
YES Bank, Larsen Toubro and Tata Steel were among the big gainers
