FMCG Hindustan Unilever

HUL Q2 preview: Analysts expect the cost inflation in palm prices and packaging material to dent the FMCG major's margin picture in Q2-FY23

Indian FMCG giant's m-cap is touched $77 billion as compared to $115 billion of Unilever that holds 62 per cent in HUL

Revenue was up 19.6% YoY and profit up 13.5% YoY, its highest-ever quarterly figures

Reliance Industries is likely to be in limelight as the company is looking to take advantage of the surging diesel demand in Europe in the backdrop of Russia-Ukraine conflict.

Auto stocks are likely to react to the monthly sales reported over the last two days. Tata Motors and M&M sales reported strong sales.

In the past six months, HUL and Britannia have underperformed the market by falling 20 per cent and 15 per cent, respectively, as against 1 per cent decline on the S&P BSE Sensex.

The three IT majors are scheduled to report Q3 earnings on Wednesday.

L&T Infotech and UltraTech Cement are likely to react to Q2 numbers this morning, while focus shall also be on Hindustan Unilever, ACC and other stocks ahead of September quarter results

Analysts said the outlook from June 2021 onwards is positive, barring the emergence of a third COVID wave

Trading at 77x, its trailing 12-month net profit against industry average of about 43x

HUL's current market value of Rs 5.14 trillion is also more than the combined Rs 4.20 trillion market capitalisation of India's top 10 listed automobile companies

Britannia Industries, on the other hand, was trading nearly 5 per cent higher at Rs 2,656 apiece on the BSE.

The dividend amounting to Rs 1,732 crore will cover about 216 crore shares, Hindustan Unilever said in an investor presentation.

Hindustan Unilever, Britannia, Emami, GSK Consumer and Marico were up over 2%