April 18, 2018 / 4:33 AM / in 3 months

BUZZ-India's Dabur climbs to near 11-week high

** Shares of Dabur India Ltd climb as much as 2.8 pct to 353.6 rupees, their highest since Feb. 2

** CLSA says outlook for consumer staple firms improving with the forecast for normal monsoon in 2018 and high likelihood of a big increase in government’s support prices for agricultural produce

** Pressures from Patanjali Ayurved, which impacted market shares of rivals, also seem to have eased - CLSA

** CLSA says Dabur, Emami Ltd among top picks; rates the stocks “buy”

** CLSA also raises Dabur price target to 415 rupees from 400 rupees

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