Business
Emami And Dabur Share Prices Rise After Q2 Results And Dividend Announcements
Reported by Kavya Rao (Senior Writer) · Livemint - Markets ·
Market Performance
Shares of Emami and Dabur India Limited rose nearly 7 percent over the past week after both companies released their second quarter results for financial year 2026-27 and announced new dividends. Emami reported a small annual drop in its consolidated net profit of 1.92 percent down to ₹145.50 crore for the September quarter. Higher raw material costs and a normalized tax rate affected its profits. At the same time, its net revenue from operations grew by 36.2 percent to reach ₹1,087.65 crore. Dabur India saw its net profit after tax grow by 12.09 percent to ₹498.57 crore compared to ₹444.79 crore in the same period last year. Its net revenue from operations rose by 11.74 percent to ₹3,563.07 crore from ₹3,191.32 crore.
Dividends And Ratings
Emami's board announced a dividend of ₹5 per share for the financial year, setting November 13 as the record date. Dabur India's board approved a dividend of ₹3.50 per share with November 9 fixed as its record date. Brokerage firm Motilal Oswal gave a Neutral rating for Dabur India with a target price of ₹425 per share. The firm also maintained a Buy rating for Emami with a target price of ₹475 per share based on reasonable valuations. On Friday, Emami shares closed at ₹387.05, while Dabur India shares closed at ₹385.50 on the BSE.
Context
Fast-moving consumer goods companies frequently release quarterly earnings and announce dividend payouts to reward shareholders. Market analysts closely track these financial updates and input costs to issue stock ratings and target prices.
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