L&T Infotech and UltraTech Cement are likely to react to Q2 numbers this morning, while focus shall also be on Hindustan Unilever, ACC and other stocks ahead of September quarter results
Analysts said the outlook from June 2021 onwards is positive, barring the emergence of a third COVID wave
Trading at 77x, its trailing 12-month net profit against industry average of about 43x
HUL's current market value of Rs 5.14 trillion is also more than the combined Rs 4.20 trillion market capitalisation of India's top 10 listed automobile companies
Britannia Industries, on the other hand, was trading nearly 5 per cent higher at Rs 2,656 apiece on the BSE.
The dividend amounting to Rs 1,732 crore will cover about 216 crore shares, Hindustan Unilever said in an investor presentation.
Hindustan Unilever, Britannia, Emami, GSK Consumer and Marico were up over 2%