Hindustan Unilever Hul

HUL Q3 results: Net profit beats estimates, royalty to parent bumped up

FMCG major cautiously optimistic on commodity prices, sees rural slowdown bottoming out

HUL set for health and wellbeing foray with two investment deals

To acquire majority stake in OZiva maker, 19.8% in Nutritionalab

National with a regional twist: FMCG majors tweak product line-up

HUL also has different formulations of Surf Excel for different parts of the country as the water differs across regions

25% of demand now coming from digital channels, HUL tells investors

Says it's seeing 4x increase in e-commerce sales and 2x growth in modern trade

Indian subsidiaries of FMCG giants outperforming their parent cos: Report

Covid-19 might have set the growth back by a few quarters but the FMCG sector has bounced back

Market value up, but volumes declining in India: Unilever CEO Alan Jope

The consumption weakness is due to the impact of inflation, particularly in rural areas, he said

HUL beats Street expectations in Sept quarter, net profit rises 22.2%

Net profit rises 22.2% on 16.1% increase in revenue

Hindustan Unilever cuts prices of soaps, detergents after 2 years of hikes

Growth in volumes in the recent past was affected due to a significant surge in product prices

HUL's market capitalisation hits 67% of its parent company Unilever

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

After over 50% rise in 2022, is the stupendous rally in ITC fizzling out?

However, the counter has lost over 5 per cent from its recent high of Rs 346.25 hit on September 23, 2022 and has underperformed the S&P BSE Sensex, which has lost nearly 2 per cent since then

Inflationary impact on FMCG price and margin to continue in Q2: Industry

FMCG companies also expect volume decline to continue in the rural side but see some stabilisation in the business and recovery in demand, starting from the third quarter of FY23

HUL MD Mehta, UP CM Adityanath inaugurate detergent unit in UP's Sumerpur

HUL CEO Sanjiv Mehta and UP Chief Minister Yogi Adityanath virtually unveiled the spray dried detergent factory and co-located distribution centre

HUL beats estimates with Rs 2,381-cr net profit in Q1; revenue up 19.6%

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

Inflation and market condition are still concerns: HUL CMD Sanjiv Mehta

Mehta also suggested that the government could use the "huge amount of reserves" to prevent the rupee from depreciating rapidly.

Top 20 dividend-paying firms raise shareholder rewards in FY22: Experts

Vedanta, for instance, is majority-owned by Vedanta Resources, led by billionaire Anil Agarwal

Sanjiv Mehta appointed as president commissioner of Unilever Indonesia

Sanjiv Mehta will join Unilever Indonesia's board of commissioners and chair it in a non-executive capacity

Hindustan Unilever to take further price hikes despite volumes taking a hit

Country going through probably the most difficult economic situation, says chairman

HUL Q4 standalone net up 8.6% to Rs 2,327 crore, net sales rise by 10%

The company's board has recommended a final dividend of Rs 19

HUL, Britannia, Marico drop up to 6% as Indonesia bans palm oil exports

Palm oil is used in products like cooking oil, processed foods, cosmetics and biofuels.

MDH denies any move to sell business to Hindustan Unilever

Leading spice maker MDH Ltd has refuted the reports of a possible sale of its business to FMCG maker HUL. The reports suggested that MDH promoters are in talks to sell their business to HUL. Terming such reports as "completely false, fabricated and baseless", MDH in a message posted on its official Twitter account urged people "not to believe such rumours". "MDH Pvt Ltd is a legacy, which Mahashay Chimi Lal Ji and Mahashay Dharampal Ji nurtured all their lives, and we are committed to taking that legacy forward with all our heart," said a message from MDH Chairman Rajeev Gulati. FMCG major HUL, which owns popular household brands such as - Lux, Lifebuoy, Surf Excel, Rin, Wheel, Ponds - declined to comments on the issue. "We do not comment on market speculation," said an HUL spokesperson. A report had claimed HUL is in talks with the Delhi-based Mahashian Di Hatti Pvt. Ltd (MDH) to buy a majority stake. It had further claimed that the value of this deal may be anywhere between Rs