ITC Hindustan Unilever

Nomura sees GCPL, Tata Consumer, Marico, and Britannia as the key near-term winners of the commodity downcycle.

Multinational consumer goods companies Unilever and L'Oral are witnessing strong growth on e-commerce platforms in many markets, with India emerging as a standout performer. Unilever and L'Oral, in their earnings calls for the September quarter, reported a doubling of their sales, helped by hyper-local delivery platforms that are growing rapidly in the country. French beauty major L'Oral's CEO Nicolas Hieronimus, who was in India earlier this month, said quick-commerce or traditional e-commerce platforms in the country are a game changer, helping to penetrate much faster with new products or continuing to animate existing brand." We were talking about the US, but 10 days ago, I was in India, where it's clearly a game changer for us because whether it's quick commerce or the traditional platform allows us to reach consumers all over the country, which we could not do before, said Hieronimus while replying to a query. Unilever CEO Fernando Fernandez said digital commerce accounts for

Net sales grew 2.1 per cent year-on-year (Y-o-Y) to ₹16,060 crore while underlying volume growth (UVG) was flat Y-o-Y

Billionaire Azim Premji-promoted Wipro Consumer Care & Lighting is confident of its brand Santoor dethroning rival FMCG major HUL's Lifebuoy as the market leader in the soap and personal care segment in the next one year, a top company official said. Santoor, which has now become a Rs 2,700-crore-plus brand, has made its way into liquid hand wash and some other adjacent categories, such as body lotion and body wash. "We don't know if we are No. 1 yet, and what the size of Lifebuoy is, but it's a matter of time that we will become number one," Wipro Consumer Care & Lighting CEO Vineet Agrawal told PTI when asked about the brand Santoor and its prospects. He further said, "We have already beaten Lux (another soap brand from HUL) a few years back, and I am confident that we will beat Lifebuoy in maybe a year from now." According to media reports, Lifebuoy, which operates in the hygiene category, is also over Rs 2,000 crore. Like Santoor, Lifebuoy, too, now features in adjacent ...

Consumer electronics like air conditioners and televisions could see rates drop from 28% to 18%, ahead of the Diwali shopping season starting in October

The FMCG index climbed up to 1.7 per cent before easing to trade 1.2 per cent higher at 9:50 AM, while the Nifty50 slipped 0.04 per cent

Ritesh Tiwari will take over as Unilever's global head of M&A and treasury from November 1, while Niranjan Gupta returns to HUL as CFO-designate and management committee member

ITC vs HUL stock: HUL seems technically favourably placed as per the strength shown by the momentum oscillators; the stock also witnessed a 'Golden Crossover' recently, shows the daily chart.

Here's why FMCG stocks are in demand today: In the April-June quarter (Q1FY26), FMCG sector witnessed a sequential recovery in demand with an uptick in volume growth particularly in urban markets.

FMCG major HUL on Thursday said its independent director Leo Puri has resigned due to an increase in his board commitments including his proposed appointment on the board of a global entity. Puri's resignation will be effective from June 30, 2025, according to a regulatory filing from HUL. Leo Puri has tendered his resignation "due to an increase in his board commitments including his proposed appointment on the board of a global entity and the overboarding criteria for Independent Directors as prescribed under the European Corporate Governance requirements," it said. Consequent to his resignation from the Board, he shall also cease to be the Chairperson of the Risk Management Committee, ESG Committee and Independent Committee and a Member of the Audit Committee of the company, said HUL. Besides HUL, Puri is also on the board of pharma major Dr Reddy's Laboratories and Fortis Healthcare as an independent director. He is also the Chairperson of Fortis Healthcare. Puri was appointe

The hospitality giant has cash and cash equivalent of Rs 1,500 crore

Two India-based facilities of tyre maker CEAT and FMCG major Hindustan Unilever Ltd have joined the Global Lighthouse Network of the World Economic Forum for transforming manufacturing through innovation. Announcing 17 new members to the network, the WEF on Tuesday said this community of 189 industry leaders is pioneering the use of cutting-edge Fourth Industrial Revolution technologies in manufacturing. Other new members are based in the United Arab Emirates, China, Germany, Malaysia, Saudi Arabia, Taiwan, United Kingdom, United States and newcomer Morocco, home to the first Lighthouse site in Africa. The latest cohort of Lighthouses has observed an average 53 per cent boost in labour productivity and 26 per cent reduction in conversion costs attributed to various digital solutions such as AI, machine learning, advanced analytics and more, the WEF said. On Sriperumbudur facility of CEAT Ltd, the WEF said, "To support global expansion, CEAT needed to manage three times more SKUs ..

The upcoming Union Budget is the near-term catalyst, where central government actions to revive consumption cycle would be key.

ITC Agri Business Division is encouraging the cultivation of medicinal and aromatic plants to expand the conglomerate's presence in the fast-growing health and wellness products market in the food, personal care and other categories. The agri-division of ITC is working with farmers and helping them to diversify their crops by encouraging them to cultivate high-demand crops like Ashwagandha, Tulsi, and Kalonji in Madhya Pradesh and turmeric in southern states. Through this initiative, ITC looks to meet its requirements by chasing its FMCG ambitions and also leverages the B2B nutraceuticals space, bridging the demand-supply gap in the market, which has evolved rapidly after the pandemic. "As a part of the ITC Next strategy, the company's Agri-Business Division has pivoted its strategic focus towards rapidly scaling up its value-added Agri Products (VAAP) portfolio to accelerate growth and competitiveness. In line with the larger ITC NextGen Agriculture vision, we are focusing on ...

Unilever said earlier this year it would axe 7,500 jobs globally as part of a restructuring to save about 800 million euros

Crude palm oil, one of the main ingredients in the manufacture of some consumer goods, saw a price rise of 45.2 per cent in the last three months

In the past one month, the FMCG index has tanked nearly 11 per cent, as against 6 per cent decline in the BSE Sensex.

Investors will closely monitor quarterly earnings reports alongside manufacturing, composite, and services data for October

The rural markets have outpaced urban demand, registering a 7.6 per cent increase compared to a 5.7 percent rise in urban areas, in the March quarter of FY24

The decline in Hindustan Unilever shares this year has helped improve its multiples. The stock is currently trading at 46 times its forward earnings, below its five-year average of about 54 times