While urban markets continue to drive premiumisation, rural India is reeling under inflationary pressures, Nomura has said in a report.
‘Form is temporary; but class is permanent’! Now, this would be an apt description for India’s largest FMCG firm – Hindustan Unilever. Despite a muted show in the fourth quarter amid inflationary headwinds, the analyst community’s love affair with the market heavyweight has only increased. On the other hand, you have its more diversified peer, ITC, that has posted stellar numbers on the back of strength in both cigarette and staples business. But is there a case for choosing one over the other? Or does an ideal portfolio need the twin engines of both ITC and HUL? In this video, let’s take a look at how these two stalwarts stack up – and if there is a case to pick one over the other.
Rohit Jawa will take home an annual remuneration of Rs 21.43 crore as MD and CEO of Hindustan Unilever Limited.
In a high inflationary environment, HUL’s consumers prioritised essentials over discretionary spending, HUL said in its annual report
Despite a muted Q4 show amid lingering inflationary headwinds, the analyst community’s love affair with HUL has only increased.
FMCG Companies reported a mixed quarter of earnings. Marico's Q4 report was slightly better than expected revenues. Britannia Industries had an exceptional quarter on margins driving a big earning beat. Nestle India performance beat was led by revenues despite a miss on margins. Hindustan Unilever missed forecasts on revenues & margins. Dabur had another quarter of weak volume growth. Watch this conversation LIVE!
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FMCG market (urban and rural) registered flat volume growth in the March quarter, as per Nielsen data
For FY23, HUL's rural volumes declined 7 percent while in Q4 FY23, the fall was about 3 percent
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FMCG mammoth HUL delivered its Q4 results today. The company's net profit saw a jump of 13% YoY while the total sales for the quarter grew 11%. The company proposed a final dividend of Rs 22/sh subject to the approval of shareholders at the AGM. Catch Nickey Mirchandani decode HUL results with FMCG analyst Sanjay Maniyal of ICICI Direct & market expert Mayuresh Joshi from William O’Neil and Company and listen in to the management commentary & outlook for FY24 right here on Moneycontrol.
In this episode of Market Minutes, Shailaja Mohapatra talks about Maruti Suzuki's Q4 performance, Rail Vikas Nigam's Navratna status and earnings expectations from Hindustan Unilever. (With inputs from Sucheta Anchaliya). Also, catch Amit Gupta of ICICI Securities in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends *Correction: RVNL has received a Navratna status and not a Maharatna status as mentioned in the podcast twice
On the margin front, HUL's EBITDA margin is expected to decline marginally on a year-on-year basis due to higher advertisement spends
On April 13, a two-judge bench of the Delhi High Court called out Domex’s advertisement for showing Harpic in bad light to show its superiority.
What will be the impact of new CEOs for the likes of TCS, Kotak & SBI? Jefferies decodes the impact on stock performance through a sample of 72 CEO transitions
Observers expect this product of St. Stephen’s College and Harvard Business School to continue creating shareholder value, while bringing into India more international brands of Unilever that could do well here
Rohit Jawa 'has a deep understanding of the business landscape particularly in Asia and has led the transformation of Unilever businesses in China and in Philippines', Hindustan Unilever Ltd (HUL) said.
He also led the merger of GSK Consumer Healthcare with HUL which brought Horlicks and Boost into its fold, and social transformation projects such as Hindustan Unilever Foundation, Project Shakti and Suvidha, among many others
Withering sentiment among retail investors and FIIs moving to China added to the woes for Indian equities in February but analysts continue to be upbeat about some stocks, take a look
It isn’t only the consumer at the top of the consumption pyramid who buys Surf; those in the middle, too, are using it to wash their dirty linen. And this is what makes the $1 billion sales milestone in Surf’s journey a landmark in the consumption story of an average Indian consumer
The valuation of index heavyweight Reliance Industries climbed Rs 4,938.8 crore to Rs 15,80,653.94 crore and that of Infosys increased Rs 3,703.11 crore to Rs 6,76,638.36 crore
Improving margins by bringing back volumes is India Inc’s top priority. To achieve that, policymakers need to ensure more disposable incomes.
Royalty payments continued to race past net profit and sales, and companies abounded where total sales and profit slumped while royalty growth leapfrogged, in some cases, by over 20% on a y-o-y basis.