Dabur India Ltd.’s Stock Drops on Weak Demand : Dabur India Ltd.’sDabur India Ltd.’s stock dropped on Thursday after the company revealed that weak demand may cause its fourth-quarter revenue to be in the mid-single digits. “Demand trends remained sluggish during the quarter,” Dabur stated on Thursday in a press release. During the March quarter, the FMCG firm anticipates high single digit growth in the home and personal care sectors. Dabur also predicts an increase in operating profit. The company’s shares dropped as much as 3.47% to Rs 512.60 per share, the lowest since March 26. As of 1:16 p.m., it was down 3.11% at Rs 514.50 apiece. In contrast, the NSE Nifty 50 Index increased by 0.21%. Over the last 12 months, the stock has decreased by 7.66%. The day’s total traded volume was 2.1 thus far.multiplied by its 30-day mean. According to Bloomberg statistics, out of 45 analysts following the firm, 33 keep a “buy” rating, 11 recommend a “hold,” and one indicates a “sell.” The relative strength index was at 37.41. 18.7% is implied by the average 12-month consensus price objective.