Brokerages Nomura and Goldman Sachs issued positive notes on Dabur after its Q2 update showing sustained double-digit growth

Wed 7 Oct 2026

Nomura target price

625 rupees

Goldman Sachs target price

485 rupees

Heard on business television between 08:18:37 - 08:21:37 IST.

• Consolidated revenue expected to grow in double digits with India FMCG business sustaining momentum.
• Double-digit home and personal care revenue growth seen; Q2 would mark fourth straight quarter of double digit growth in revenue and profit.
• Nomura maintained buy with target price of Rs 625, expecting EBITDA margins to moderate slightly year-on-year but sequential improvement and favorable base ahead.
• Goldman Sachs maintained neutral with target price of Rs 485, citing improved India business performance and new channel growth.

The call above is Nomura's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.