Stocks to Watch today, June 3: Infosys, Alkem Labs, Paytm among others in focus; here's why
HUL Chairman Nitin Paranjpe says strong domestic demand, structural reforms and digital transformation continue to underpin India's long-term growth prospects
The new Unilever Fragrance Hub in Mumbai combines consumer insights, science, and AI to accelerate fragrance innovation and strengthen India's role as a global R&D centre
In the past one month, the FMCG index has underperformed the market, by falling 5 per cent, as against 2.3 per cent decline in Nifty 50.
While companies have started to pass input cost rise to consumers, inflation, according to G Chokkalingam, founder and head of research at Equinomics Research has not become a major issue yet.
While the bulk of foreign selling is likely over after the outflows over the recent months, Goldman Sachs does not see foreign investors returning to Indian shores in a hurry, even if oil prices dip.
For the entire FY26, HUL clocked a profit of ₹15,059 crore, up 41 per cent Y-o-Y. Its total income in the fiscal year grew by 4.6 per cent to ₹65,219 crore.
The board of HUL has approved a final dividend of ₹22 per share of Re 1 face value for FY26.
For the entire FY26, HUL reported a profit of ₹15,059 crore, which was helped by the divestment of Nutritionalab. Total income rose 4.6 per cent to ₹65,219 crore
Q4FY26 company results: Firms including Dr Lal PathLabs, Central Bank of India, Edelweiss Financial Services, and IDBI Bank are also to release their January-March earnings today
Thus far in the month of April, the FMCG index has surged 11.73 per cent, as against a 7.4 per cent gain in the benchmark index
HUL Q4 earnings preview, dividend announcement: HUL is set to announce its March quarter results on Thursday. HUL could also recommend a final dividend for its shareholders.
Kunal Shah Senior Technical Analyst at Mirae Asset Sharekhan believes that Nestle India has given a decisive breakout on the weekly chart, and could potentially rally to ₹1,500-mark on the upside.
As early signs of commodity inflation return to the FMCG basket, analysts at ICICI Securities believe HUL is structurally better positioned to navigate the cycle.
Easing geopolitical tensions and softening input costs are lifting overall sentiment in the consumer goods space, said analyst at Mirae Asset Sharekhan.
Sustained volatility in crude prices could create pressure on gross margins across the FMCG sector, warn analysts.
A total of 100 stocks from the Nifty 500 index registered new 52-week lows on Monday as selling intensified amid escalating geopolitical tensions.
HUL denies divestment talks as parent Unilever explores sale of global foods business, including discussions with McCormick & Company
Nomura's top picks include Britannia and Titan. It also prefers Marico, Tata Consumer, Godrej Consumer, Asian Paints and United Spirits
Concerns over rising inflation stemming from potential energy supply disruptions and rationing prompted investors to book profits, while FII outflows added to the market pressure, said Geojit.