business

Stock of the Day: Hindustan Unilever Limited: Gradual recovery in consumer demand to aid growth

Hindustan Unilever, a top player in the FMCG space, continued to gain market share amid heightened competitive intensity, backed by a wide product basket and presence across price segments. The company is well-positioned to expand its presence in under-penetrated categories in the rural and the urban markets where per capita consumption is low. This will expand the TAM (total addressable market) and drive sustainable growth.

first published: Dec 20, 2024 10:54 am

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