Brief India: Dabur India Ltd (DABUR IN) and more
In this briefing: Dabur India Ltd (DABUR IN) Q2FY26 Earnings Preview - Pharma & Healthcare Axis Punch: Star Cement - 8 Th October, 2025 Q2FY26 Earnings Preview - Automobile Sobha: On Track for a Record Year. Maintain BUY 1. Dabur India Ltd (DABUR IN) Dabur India Ltd (DABUR IN) 's business is contracting in volume and value, with declining margins, masking structural weakness through recurring excuses and shifting narratives across seasons and quarters. Disclosure standards have been reduced; management hides key metrics citing competitive sensitivity, obscuring true demand, volume trends, and domestic business performance. Q2 guidance cut to mid-single-digit growth confirms prior double-digit guidance was untenable, exposing weak underlying demand and the markets slow recognition of systemic underperformance. 2. Q2FY26 Earnings Preview - Pharma & Healthcare Pharmaceuticals: We expect pharmaceutical companies under our coverage to deliver a steady performance in Q2FY26, with aggregate revenue rising by 7.4% YoY and 2.7% QoQ to Rs 36,683 Cr.