“We need to closely watch the dollar-rupee balance. A weak rupee is impacting the fiscal health of our economy. Interest rates can play spoilsport, but there are some early signs that commodity prices are bottoming out, which should benefit the Indian economy. Apart from global themes, the markets should keep an eye on how the rural economy is currently performing and how it is going to play out going forward. “
Dabur India shares fall 4% even as Q1 earnings meet estimates. What’s spooking investors?
Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue growth.