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Unhealthy items lift FMCG food revenue | Mint Access to Nutrition Initiative analysed data on 1,901 products from 20 of India’s biggest FMCG companies. ITC topped Indian firms by healthiness score, followed by HUL, Nestlé and PepsiCo. These companies together account for 36% of total sales of processed packaged foods.
Hindustan Unilever share price Today Live Updates : Hindustan Unilever Faces Stock Decline Investors should monitor Hindustan Unilever stock price closely in the coming days and weeks to see how it reacts to the news. The market capitalization of HUL is currently at ₹588748.83 crore.
Hindustan Unilever share price Today Live Updates : Hindustan Unilever Faces Stock Decline On the last day, the open price of Hindustan Unilever (HUL) was ₹2530.05. The stock had a trading volume of 24927 shares on the BSE. The market capitalization of HUL is currently at ⁹588748.83 crore.
Market valuation of top 7 firms surges ₹1.50 lakh crore, big gains by TCS & Infosys | Mint Last week, the BSE benchmark observed a notable jump of 890.05 points or 1.37 percent. Among the gainers were RIL, TCS, HDFC Bank, Infosys, HUL, ITC, and Bharti Airtel. However, ICICI Bank, SBI, and Bajaj Finance faced declines in their market valuations.
Television ad volumes see slight uptick in July-September amid yearly dip | Mint The marginal increase in ad volumes during July-September was led by the food & beverage sector. FMCG conglomerate Hindustan Unilever Ltd. (HUL) consistently held the top advertiser spot across all quarters of 2023.
HUL adds pizzazz so app can help outdo e-comm platforms | Mint India’s largest packaged consumer goods company Hindustan Unilever Ltd (HUL) is pushing personalized messages and promotions on its business-to-business app Shikhar. In the first two weeks of the campaign going live, the company is generating one customized advertisement every 20 seconds.
HUL adds pizzazz so app can help outdo e-comm platforms | Mint India’s largest packaged consumer goods company Hindustan Unilever Ltd (HUL) is pushing personalized messages and promotions on its business-to-business app Shikhar. The company recently rolled out the ‘Power to The Retailer’ campaign that helps local retailers offer customized, celebrity-fronted advertisements.
Day trading guide for today: Four buy or sell stocks for Friday—November 3 | Mint Sensex and Nifty 50 settled with significant gains in the previous session. Renewed buying in index heavyweights like Reliance, Britannia, TCS, L&T, ICICI Bank, HDFC Bank, and HUL lifted the Nifty by 0.76 per cent. Bank of Baroda is currently trading at ₹199.9.
Day trading guide for today: Four buy or sell stocks for Friday—November 3 | Mint Sensex and Nifty 50 settled with significant gains in the previous session. Renewed buying in index heavyweights like Reliance, Britannia, TCS, L&T, ICICI Bank, HDFC Bank, and HUL lifted the Nifty by 0.76 per cent. GNFC has been put under the ban for trade on Thursday, November 2.
16 large-cap stocks including HDFC Bank, RIL trading near 52-week lows; check complete list | Mint 16 large-cap stocks are currently trading near their 52-week lows. Eight are constituents of the Nifty 50 index, comprising UPL, HDFC Bank, HUL, Kotak Mahindra Bank, Reliance Industries, Wipro, TCS, and Asian Paints.
HUL stock check: Down 3% in 2023 so far, should you bet on the FMCG major now? | Mint HUL has underperformed the benchmark indices, declining 1 percent in the last 1 year and over 3 percent in 2023 YTD. The stock gave positive returns in 5 of the 10 months so far this year.
Demand woes haunt HUL in Q2 | Mint HUL’s reported operating revenue growth of 3.6% is nothing to write home about. Volume growth fell to a low of 2%, marking the third straight drop in the measure. In the near term, HUL expects pricing to be marginally negative if commodity prices remain where they are.
Consumer firms get an urban glow in Q2 | Mint India’s packaged consumer goods companies reported robust urban growth in the September quarter. Earnings of Hindustan Unilever Ltd (HUL) underscored the resilience of urban markets. All the FMCG companies have had to navigate high volatility in coffee prices.
Q2 result review: ITC vs HUL - which stock to buy post earnings | Mint FMCG companies facing volume growth challenges amidst competition, weak rural markets. Most analysts expect range bound share price movement for HUL. ITC comparatively sees better analysts ratings supported by other business segments prospects.
Demand woes haunt HUL in Q2 | Mint HUL’s September quarter revenue and net profit--before exceptional items--benefitted to some extent by a one-off credit from favourable resolution of past indirect tax litigation. In the near term, HUL expects pricing to be marginally negative if commodity prices remain where they are.
Sensex Today | Share Market Live Updates: Sensex, Nifty in red; HUL, ITC drag; Nestle shines Sensex shedding 200 pts and Nifty 50 pts. HUL and ITC lag after their quarterly earnings. Nestle India gains 2%. Most sectoral indices are in red with Pharma, IT, and FMCG under pressure.
HUL Q2 Results: Net profit up 4% on year to ₹2,717 crore; dividend declared | Mint Hindustan Unilever Ltd (HUL) reported an 4% year-on-year rise in its standalone net profit for the fiscal's second quarter ended September (Q2FY24) The company had reported a profit of ₹2,616 crore in the year-ago period. HUL's Q2 revenue from operations up 3.6% to ⁹15,276 crore. The company has declared an interim dividend of ≹18 per equity share of face value of Re 1 each.
Q2 result review: ITC vs HUL - which stock to buy post earnings | Mint Q2 performance did reflect the challenges being faced by industry on volume growth. The solace for companies, however, comes from declining raw material prices that are supporting margins. Share prices of HUL and I TC were down 2% and even more on Friday in morning trades.
Nestle India poised to lead FMCG sector's Q3 earnings | Mint Investors would do well to keep their expectations in check. Lower exposure to rural markets and decent pricing growth should help Nestle perform relatively better. For HUL, muted volume along with flat pricing means year-on-year revenue growth would reduce further.
Consumer firms get an urban glow in Q2 | Mint India's packaged consumer goods companies reported robust urban growth in the September quarter. Earnings of Hindustan Unilever Ltd (HUL) underscored the resilience of urban markets despite the lingering effects of the pandemic. HUL reported urban volume growth of approximately 10% this quarter, building on a 3% decline during the same period last year.