Dabur’s September-quarter update pours cold water on market hopes
Source: Live Mint For ayurveda-based consumer goods giant Dabur India Ltd, the just-concluded September quarter was a washout. While demand saw some improvement, adverse weather conditions, including heavy rainfall and floods, hurt out-of-home consumption, especially for beverages, Dabur said in a business update. In reaction, the stock fell by nearly 7% in afternoon trade on…