Page 3 - Hul

Top headlines: Vedanta declares dividend of Rs 19.5; HUL Q1 net rises 11%

Business Standard brings you the top headlines this hour

RIL, banks lift Sensex 246 pts, Nifty tops 16,300; Rupee ends at 79.95/$

CLOSING BELL: The steady depreciation in the value of the rupee against the US dollar is likely to prove expensive for corporate India

Sensex zooms 760 pts, Nifty tops 16,250; IT index up 3%, HDFC Bank dips 1%

CLOSING BELL: The frontline indices climbed on the back of gains in Infosys, ICICI Bank, Kotak Bank, TCS, Axis Bank, L&T, SBI, and Reliance Industries

HUL, ITC, and USL now have 432 officials earning more than Rs 1 cr a year

In the last fiscal, FY22, the number of such executives rose by 33 per cent, 44 per cent and 113 per cent in HUL, ITC and USL, respectively

HUL Q1 results preview: Muted volume growth likely due to demand slowdown

HUL Q1 results: Analysts say that the FMCG company's profit margins will continue to bear the brunt of high commodity prices, which were at peak highs for the most part of the quarter.

India facing 'probably the most difficult economic situation': HUL chairman

I remain confident that as a country, we will be able to navigate through this crisis there: HUL Chairman Nitin Paranjpe

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

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

Sebamed ad case: Bombay HC rules in favour of Hindustan Unilever

The HC ruled that Sebamed's advertising campaign is disparaging

Nifty 500: 350 stocks below 200-DMA; ACC, Hero Moto, HUL new additions

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 anticipates headwinds in coming quarters as inflation woes weigh

While the company will continue to drive savings 'harder', it will also take calibrated price increases but foresees a decline in margins in the short term.

Marketing health

HUL stopping marketing to youngsters is welcome

F&O expiry: Nifty ends April series above 17,200; Sensex gains 702 pts

As of 06:50 AM, the SGX Nifty April futures quoted at 17,066. According to analysts, the April series has been one of the most volatile series for the Nifty in recent times. The options data.

HUL consolidated net rises over 5% to Rs 2,307 cr in March quarter

Revenue up 10% to Rs 13,468 cr, FY22 sales top Rs 50,000 cr

Sensex slips 537pts on weak global cues, Nifty holds 17K; Bajaj Fin dips 7%

CLOSING BELL: Life Insurance Corporation of India (LIC) will come out with its IPO on May 4

Multiple near-term worries likely to keep HUL stock under pressure

A YoY fall in volumes in the March quarter would be a first in seven quarters

Analysts see more pain ahead for FMCG stocks amid rising input costs

Instead of a recovery in gross margins in fiscal 2022-23 (FY23), Jefferies now builds-in 50-200 basis point (bps) YoY decline, assuming crude stays closer to $100 a barrel and palm oil at $1,500/MT

Sensex rises 817 pts, Nifty near 16,600 as BJP set to win 4 states

CLOSING BELL: The markets, however, ended mildly off highs as European markets dropped up to 1 per cent in early deals as investors monitored the war in Ukraine and fluctuations in commodity prices

From Lux to Kissan Jam, Hindustan Unilever hikes prices by 3-13% in Feb

The price increases come on the back of constant rise in raw material costs

FMCG shares under pressure; Hindustan Unilever, Britannia hit 52-week lows

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.

Hindustan Unilever separates positions of Chairman and CEO & MD

Nitin Paranjpe appointed as non-executive chairman, Sanjiv Mehta to continue as CEO & MD