An interesting anecdote from Rohit Jawa’s days as a trainee is documented in the book ‘The CEO Factory: Management Lessons from Hindustan Unilever’ by Sudhir Sitapati.
In a presentation, the company management said the market for vitamins, minerals and supplements has revenue potential of Rs 30,000 crore a year in the next 4-5 years.
LIC has increased its stake in Hindustan Unilever Ltd, Hero MotoCorp and non-banking finance company Capri Global Capital through open market purchases over the last few months, the life insurer said on Tuesday.
In the top-10 list, Infosys and Wipro were the only gainers.
Sharekhan is bullish on Hindustan Unilever Ltd has recommended buy rating on the stock with a target price of Rs 3185 in its research report dated October 20, 2021.
GCPL’s stock soared the most since it went public following the announcement of the new Managing Director and CEO, Sudhir Sitapati – an HUL veteran.
While describing the current situation as "much more uncertain than normal", the FMCG major added that it is confident about its ability to manage the immediate crisis.
HUL Chairman and Managing Director Sanjiv Mehta said, "Sufficient supply of testing kits and other medical equipment will help frontline warriors competently tackle the COVID-19 virus."
In December 2018, Unilever struck a deal to buy GSK's Horlicks nutrition business for $3.8 billion, boosting the Anglo-Dutch group's position in India.
Hindustan Unilever Ltd (HUL) is the leader in the soap category and owns popular brands like Dove, Lux, Lifebuoy, Pears, Hamam, Lyril and Rexona.
Uttaresh Venkateshwaran gets in conversation with Moneycontrol Deputy Executive Editor Ravi Krishnan to discuss NAA ruling, its impact on HUL's financials and more.
The survey conducted January 3-7 shows 10 out of 16 fund managers expect to increase their allocation to mid-cap companies in the January-March quarter. The rest plan to leave their exposure unchanged.
FMCG stocks ITC and Hindustan Unilever (HUL) hold core position in Ramesh Damani's portfolio. He is also invested in Godrej Group Companies - Godrej Consumer Products, Godrej Industries, Godrej Properties.
FMCG has once been a very important sector. However, now FMCG companies with high foreign institutional investors (FIIs) ownership are in high risk mode now, reports CNBC-TV18‘s Pragya Bharadwaj.
Indian rupee touched 54.3250 on Tuesday; its highest in one-week. It is now currently trading at 56.36/37; still higher than its close of 56.44/45.
HDFC and HUL are top picks, says Sudarshan Sukhani, s2analytics.com.
Shardul Kulkarni, Angel Broking is of the view that HUL can touch Rs 480-485. One can buy MCX India at current level.
The government may struggle to push through a phased hike in diesel prices as it attempts to implement the recommendations of the Kelkar Committee on subsidies, feels Gautam Chhaochharia of UBS.
The Indian markets were battered heavily in the month of August. And while the bloodbath on the bourses led to the markets taking a beating by almost 8.5%, the Sensex dipped to alarming levels, hinting at a repeat of the economic gloom of 2008.
Aiming to double its sales by 2015, FMCG major Hindustan Unilever Ltd (HUL) is looking at a slew of strategies, including re-launches, to garner the largest pie in the consumer goods space by filling in white spaces in its product portfolio.
FMCG company Hindustan Unilever Ltd (HUL) aims at garnering significant market share this year on the back of a huge response for its ‘Arogya’ tea brand, a top company official said, according to a report in The Economic Times.
Traders and investors should pick individual stocks within sectors that are likely to post good earnings while keeping the growth momentum intact.