Page 3 - Hindustan Unilever Hul

Hindustan Unilever hits over 3-month low; stock falls 12% in 2 months

The stock was down 3% at Rs 2,042, its lowest level since May 29, 2020 on the BSE.

Fairness cream firms get innovative with marketing, use synonyms for 'fair'

Estimated at Rs 5,000 crore in size and used by both men and women in India, the fairness category for years has been criticised for promoting gender discrimination

Unilever to retain tea biz in India and Indonesia after portfolio review

The announcement is significant, as it brings to an end to months of speculation about the fate of the tea business in India, which is a growing segment for local unit Hindustan Unilever (HUL)

From Lifebuoy to Horlicks, HUL's star brands boost sales growth in Q1

Thanks to in-home consumption and a focus on hygiene and health, HUL said these brands contributed significantly to growth within its essentials portfolio, which constitutes 80% of its business

GSK merger helps HUL's top line, but profit before tax down 6% in Q1

Excluding the GSK business, overall revenue declined 7 per cent in the quarter, Srinivas Phatak, chief financial officer, HUL, said in a virtual press meet

Hindustan Unilever's Q1 net profit rises 5.7% to Rs 1,897 cr; sales up 3.7%

Its total expenses increased 5.42 per cent to Rs 8,324 crore in Q1 FY2020-21, compared to Rs 7,896

Covid-19 impact: Aviation, automobile sectors see worst tax outgo in Q1

Maruti Suzuki, Bajaj Auto, and Hero MotoCorp's tax collections were down 60-85 per cent.

Accelerating digital engagement, brands practice the art of being social

With brand-customer engagements restricted to an online-only universe, advertisers look at ways to wield the double-edged digital sword

Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%

Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.

Breather for Hindustan Unilever: Emami asked to give 7-day notice

HUL in its application said the defendant (Emami) should give it at least seven days prior written notice before initiating any legal proceedings in any court

Emami questions Hindustan Unilever's fairness over skin cream rebranding

Emami said it had trademark rights over the name and that it was consulting legal experts on the matter.

Covid-19 crisis: HUL hints at margin pressures, higher operating costs

"Distribution costs have significantly increased and there will be short-term pressure on margins," Sanjiv Mehta, chairman and managing director said.

After Hindustan Unilever, L'Oreal to drop 'white' from skin care range

On Friday, a company spokesperson said the group had acknowledged legitimate concerns about the terms used to describe skin even-ing products.

Fair & Lovely: Can Hindustan Unilever go beyond a cosmetic change?

The Rs 2,000-crore brand, which enjoys a 40 per cent share of the fairness market, pegged at Rs 5,000 crore, will now have a new identity.

Not all consumers curtail spending on discretionary items, says HUL CMD

Chairman and Managing Director Sanjiv Mehta says the April-June period has been largely about restoring operations.

Capacity utilisation stands at 90% of pre-Covid levels: Hindustan Unilever

All its factories and warehouses are open, barring the one in Assam.

Street signs: Nifty may hover between 9K-10K, MF equity flows, and more

The month of May saw two large share sales -Rs 25,000-crore in Hindustan Unilever (HUL), and Rs 8,400-crore in Bharti Airtel (Airtel

India's FMCG market contracts 34% in April amid Covid-19 outbreak

Traditional trade sees bigger drop, says Nielsen

HUL surges 4% after Societe Generale buys 12.9 million shares via bulk deal

On Thursday, UK-based Glaxo-SmithKline (GSK) offloaded its stake in HUL via block deals.

Hindustan Unilever ends 1% lower after GSK sells stake in open market deal

According to the term sheet, an over 133 million shares - 5.7 per cent of the total equity shares - are being offered in the range of Rs 1,850-1,950 to investors through a special block window.