Tata Chemicals shares saw a rise following the report of a reduced net loss for the March quarter. The company’s board proposed a dividend of Rs 11 per share. Revenue experienced a slight increase, but EBITDA declined. The board also approved raising funds through term loans or NCDs. Market conditions are challenging, but the long-term outlook is positive.
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.