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Dabur India's high growth expected to continue: Various factors that make it stock pick of the week

Dabur India's high growth expected to continue: Various factors that make it stock pick of the week
Dabur India's high growth expected to continue: Various factors that make it stock pick of the week
Ayurveda, herbal and natural segments will fuel the company’s growth in the coming years.

Synopsis

Dabur’s e-commerce segment contributed 6% to its revenues as on December 2020 as compared to 2% a year ago. However, the company still continues to invest in its brick and mortar network. This has made the company a favourite of analysts.

Dabur India has continued to report good numbers and the result for the third quarter of 2020-21 was no exception. While its third-quarter net sales grew by 16% y-o-y and 9% q-o-q, its net profit grew 24% y-o-y and 2% q-o-q. Domestic volume growth, which has gone up by 18% y-o-y and ability of the management to maintain margins despite uptick in some commodity prices, has helped Dabur achieve this feat.Analysts believe that this high growth
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