Tag: Accumulate

DABUR is a well-positioned company with a strong track record of growth. The company's medium-term strategy is focused on expanding into new categories, premiumizing the portfolio, and increasing innovation. Analysts believe that these efforts will help DABUR achieve double-digit sales growth and improve profitability.

ACC Ltd., a leading Indian cement company, has posted strong results for the first quarter of fiscal year 2024. Revenue, EBITDA, and PAT grew by 16.4%, 80.9%, and 105% YoY, respectively. The company's strong performance was driven by improved operational efficiency and higher sales volume. ACC's management expects the positive demand trend in the cement industry to continue in the coming quarters. The company is also targeting to grow its sales volume by 8-10% in FY24.