Closer home in India, we will probably see a turn in the interest rate cycle after a couple of years hopefully and we will also see earnings sort of picking up a little bit of a pace in the second half as compared to the first half of this financial year and then we have to see whether the investment demand picks up adequately or not because that has been lagging for the last one year or so, especially on the government side.
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.