Hindustan Unilever

HUL hits new high, surges 34% in 5 months; market cap touches Rs 7 trillion

HUL share price today: The management expects demand to improve in the coming quarters while Ebitda margins are expected to remain at current levels

HUL constitutes committee to discuss the way forward for ice-cream business

In its stock exchange filing, the company said that the board also accorded its approval to explore potential structures and alternatives for the same

Hindustan Unilever gets tax notice of Rs 962.75 cr over Rs 3k cr GSK deal

HUL has said that it has an 'indemnification right' to recover the demand raised by the Income Tax department

Unilever spells out strategy behind the first quarter volume growth

Hindustan Unilever's chief financial officer, Ritesh Tiwari, also said while talking about advertising spend, that the company continued to invest competitively in its brands

Stocks to Watch, July 24: HUL, Bajaj Fin, L&T, Dr Reddy's, Vedanta, Axis Bk

Stocks to Watch today, Wednesday, July 24, 2024: HUL reported a 2.2 per cent Y-o-Y rise in consolidated net profit at Rs 2,610 crore for Q1FY25, in line with market expectations

HUL Q1 results: Net profit rises 2.2% to Rs 2,610 crore, revenue up 1.4%

According to Bloomberg, analysts had pegged HUL's revenue at Rs 15,586.9 crore and net profit at Rs 2,601 crore for Q1 FY25

Hindustan Unilever Q1 results: Net profit rises 2.7% to Rs 2,538 crore

The company, a unit of UK's Unilever, reported a 2.7% rise in profit to Rs 2,538 crore ($303.23 million) for the quarter ended June 30

Demand recovery hopes, valuations to support Hindustan Unilever stock

The FMCG sector is hoping for demand recovery with hopes of a better monsoon helping rural demand and expectations of a pro-consumption Budget

HUL gains 3% as Board approves sale of 'Pureit' to AO Smith for Rs 601 cr

HUL selling Pureit: HUL has been offloading non-core brands for a while now, as it wants to focus on core areas

HUL to sell Pureit to A. O. Smith for an enterprise value of $72 million

The acquisition of Pureit is expected to close by the end of 2024 and is not expected to have a material impact on earnings in the first year, A. O. Smith said in its release

Unilever job cuts: HUL to assess parent's global initiatives for its biz

Unilever recently told employees it will slash a third of office-based jobs in Europe by end of 2025

Creativity that breaks clutter drives sales, brand equity: Kantar report

Talking about trends that emerged during testing of over 1,400 Indian ads for the 4th edition of Kantar's Creative Effectiveness Awards, Mohanty said that hyper-regionalisation is now gaining steam

FMCG companies increase prices to maintain margins due to high input costs

Fast-moving consumer goods companies have increased prices by 2% to 9% on soaps and body washes, 8% to 11% on hair oils, and 3% to 17% on select food items

Whirlpool of India, HUL announce marketing alliance for Surf Excel

Appliance as washing machine maker Whirlpool of India and Hindustan Unilever Ltd (HUL) on Wednesday announced a new marketing alliance for Surf Excel, the laundry brand of the leading FMCG maker. As per the alliance, both brands will have joint marketing initiatives. The integration of innovative technologies from both brands will help in delivering superior fabric care, improving the daily laundry process, and resulting in an enhanced customer experience, according to a joint statement. Kumar Gaurav Singh, Vice President-Marketing, at Whirlpool of India, said, "Our partnership is an opportunity to leverage our combined strengths -- the coming together of superior mechanical action, thermal action and chemical action to deliver expertise in the removal of stubborn stains." Srinandan Sundaram, Executive Director, Home Care, at Unilever, said, "Our goal is to provide convenience and innovation to households across India, making laundry routines easier and more effective.

Nivea vs Ponds: Why are two famous moisturiser brands battling in court?

A legal battle has unfolded between Nivea and Ponds over oil content, hydration, market practices, and the use of a specific colour

FMCG companies move fast on volume growth while rural beats urban

FMCG companies are also looking at increasing advertising spends in order to grow their brands

Consumer companies now shedding 'health' tag for powder food drinks

Hindustan Unilever (HUL), the highest market share holder in the nutrition category with Horlicks and Boost, has renamed its portfolio as Functional Nutrition Drinks

HUL to MRF and P&G: Here are top stocks in which Amit Shah has invested

Union Home Minister's five biggest bets valued at Rs 5.3 crore

Hindustan Unilever eyes growth in beauty segment amid market expansion

HUL will focus on face cleansing, sun care, light moisture, serums, body care, and masstige skincare

Gradual volume recovery, valuations to support Hindustan Unilever's stock

The premium portfolio growth across categories was healthy, but the mass portfolio was weak