 "HUL")
Shares of Hindustan Unilever (HUL) are up 2.4% at Rs 1,566 on the BSE ahead of its July-September quarter (Q2FY19) earnings today. The fast-moving consumer goods (FMCG) company will announce results after market hours.
Since July 16, 2018, post-June quarter results (Q1FY19), HUL had underperformed the market by falling 13%, as compared to 6.4% decline in the S&P BSE Sensex.
FMCG major had reported a 19.17% increase in standalone net profit at Rs 15.29 billion for Q1FY19, led by underlying volume growth of 12% and sustained margin improvements.
Analysts at Motilal Oswal Securities except Hindustan Unilever’s revenue
Since July 16, 2018, post-June quarter results (Q1FY19), HUL had underperformed the market by falling 13%, as compared to 6.4% decline in the S&P BSE Sensex.
FMCG major had reported a 19.17% increase in standalone net profit at Rs 15.29 billion for Q1FY19, led by underlying volume growth of 12% and sustained margin improvements.
Analysts at Motilal Oswal Securities except Hindustan Unilever’s revenue
