Shares of FMCG major Dabur today fell up to 2.5% to day's low at Rs 520.45 after it was reported that its subsidiaries were among companies sued in the US and Canada by customers alleging that the use of hair relaxer products had caused ovarian cancer, uterine cancer and other health issues. "Currently, the cases are in the pleadings and early discovery phases of litigation. "Namaste, Dermoviva and DINTL deny liability and have retained counsel to defend them in these lawsuits as these allegations are based on unsubstantiated and incomplete study," Dabur said. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Source: Economic Times October 19, 2023 19:58 UTC