Chart Of The Day – Dabur India Rallies 7.1% Post Solid Q1

Buoyed by strong Q1 FY 2019 numbers, the stock zoomed 7.1% today and closed 14% above its pivot price of Rs 368.60. The Company announced its Q1 results today. It reported revenue and net profit growth of 16% and 25%, respectively. EBITDA was up 25% at Rs 387 crore with margins expanding 140 bps to 18.6%.

Dabur India Chart

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