DABUR India (DABUR) 2QFY22 result was above our estimates. DABUR continued to post strong double digit growth on a high base driven by market share gains across all key verticals; Health Care, Home Care, Personal Care and Foods. Health Care witnessed some moderation in demand especially for health supplements compared to previous quarters, but tailwinds still persists and DABUR continues to gain market share from competition. Revenue growth in HPC and Foods portfolio is tracking well; aggressive product launches and strong market share gains are healthy signs. Urban market grew at higher rate compared to rural for DABUR. Positively, international business...