The HC ruled that Sebamed's advertising campaign is disparaging
Over 10 stocks slipped below their 200-DMA on Tuesday after the Nifty50 broke below its sentimentally important level of 16,400, while the Sensex lingered near 55,000-mark
HUL also said that notwithstanding these near-term challenges, the Indian FMCG sector offers significant potential for growth
In the ranking of top-five valued firms, Reliance Industries was leading the chart, followed by Tata Consultancy Services, HDFC Bank, Infosys and Hindustan Unilever.
A normal monsoon, higher crop realisations and government measures for the segment will be critical for demand improvement going ahead.
HUL stopping marketing to youngsters is welcome
HUL's reported numbers were better than industry growth. The company's volume growth was flat in the quarter compared with a contraction of 8 per cent for the industry
Revenue up 10% to Rs 13,468 cr, FY22 sales top Rs 50,000 cr
The company's board has recommended a final dividend of Rs 19
HUL Q4 preview: Analysts lack consensus on the net profit change from last year. However, all estimates showed that it will likely fall between 3-9 per cent on a sequential basis
The FMCG major has hiked prices, in the range of 3-20 per cent, across skin cleansing and detergents
A YoY fall in volumes in the March quarter would be a first in seven quarters
Business Standard brings you the top headlines on Wednesday
The price increases come on the back of constant rise in raw material costs
Nitin Paranjpe appointed as non-executive chairman, Sanjiv Mehta to continue as CEO & MD
Business Standard brings you the top headlines on Thursday
Sanjiv Mehta will continue as the Chief Executive Officer & Managing Director
Hindustan Unilever said India continues to be among the top three priority markets for its parent Unilever, which has announced an organisational restructuring
'Once commodity prices start going down, we will adjust down the prices or increase the quantum of volume in the packs', said Mehta
Shares of Hindustan Unilever Ltd defied the muted broader market trend and surged as much as 3 per cent on Friday after the FMCG major reported strong December quarter earnings. On BSE, the stock opened at Rs 2,282.00, then jumped 3.15 per cent and touched an intra-day high of Rs 2,333.05 during the session. It finally settled at Rs 2,322.20, up 2.68 per cent. On NSE, the stock opened at Rs 2,264.80, then gained further ground during the day and finally ended the day at Rs 2,330, registering a gain of 3.02 per cent over its last close. On Thursday, Hindustan Unilever Ltd reported an 18.68 per cent increase in consolidated net profit to Rs 2,300 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 1,938 crore in the October-December period of the previous fiscal. "HUL delivered a resilient performance both on revenue and margins front despite the headwinds to rural demand and persistent material cost inflation. "While volume growth looks soft a