Page 10 - Hindustan Unilever

M-cap of 8 of top 10 valued firms soars Rs 1.26 trn; Reliance, HUL shine

Eight of the top 10 valued firms together added Rs 1,26,579.48 crore in market valuation last week, with Reliance Industries and Hindustan Unilever Ltd emerging as the biggest gainers. Last week, the BSE benchmark jumped 973.61 points or 1.59 per cent. Only ITC and Infosys faced erosion in their valuation, while Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC and Bharti Airtel were the gainers. The market valuation of Reliance Industries jumped Rs 28,956.79 crore to Rs 16,80,644.12 crore. Hindustan Unilever's valuation rallied Rs 28,759 crore to Rs 6,16,391.77 crore. The market capitalisation (mcap) of HDFC Bank climbed Rs 23,590.05 crore to Rs 9,31,095.12 crore and that of TCS zoomed Rs 15,697.33 crore to Rs 11,97,881.94 crore. The mcap of HDFC surged Rs 13,893.03 crore to Rs 5,09,434.44 crore and that of ICICI Bank soared Rs 11,946.89 crore to Rs 6,59,479.70 crore. Bharti Airtel's valuation moved up by

After a muted Q4, high base could pose growth challenges for HUL

Muted volume growth, higher ad spends may be a drag on profitability

HUL Q4 results: Net profit rises 12.8% to Rs 2,600 crore, revenue up 10.5%

But volumes, top line, and operating performance below expectations

Rural slowdown bottoming out, gradual recovery in volume expected: HUL

The rural slowdown is "bottoming out" and a gradual recovery in volume is expected, helped by government initiatives to drive the economy there along with moderation of inflation, FMCG firm HUL's CFO Ritesh Tiwari said on Thursday. Though the rural growth was still down 3 per cent in the quarter ended March 31, 2023, it is on the right path of recovery with overall commodities price moderation, Tiwari said in an earnings call. "Everything is going in the right direction," he said, adding, with a good level of government expenditure to drive the rural economy, moderation of inflation and 6 to 6.4 per cent growth of country's GDP. While talking about the overall FMCG (fast moving consumer goods) market, Tiwari said, "the latest three-month market numbers are 11 per cent growth but volumes are flat. This is a better sign for the industry." Even if the volume is flat, he said, it is better "compared to what we had last year, about 4 per cent negative volumes in the previous quarter. So

Nifty ends April F&O series above 17900; Bajaj twins, Bharti Airtel support

CLOSING BELL: The S&P BSE Sensex, meanwhile, rallied 349 points to settle at 60,649

Hindustan Unilever's earnings margin shrinks after increased commodity cost

HUL shares fell about 2%, taking their total declines this year to nearly 4%

Stocks to watch: Wipro, HUL, Axis Bank, Bajaj Finance, Tata Power, Abbott

Stocks to watch today: From Hindustan Unilever to Wipro, here are top stocks to watch in Thursday's trading session

HUL cuts prices, raises grammage in detergent and dishwash segments

The price of Surf Excel Matic (liquid) has been cut to Rs 199 from Rs 220 for a one-litre pack

CEO of the Year: How Hindustan Unilever grew well under Sanjiv Mehta

During Mehta's tenure in HUL, the share of women in the management has gone up to 45 per cent, from under 20 per cent earlier

India's leadership conundrum

What do we need more of: Leaders who dominate global institutions or local leaders with a 'Make-in- India' mindset?

HUL bets on health and wellbeing space as sunrise market of the future

Its strategy follows the success parent Unilever had in the US in this segment, which it entered in 2017 through acquisitions alone

Miles to go before I sleep, says Sanjeev Mehta after 31 years at Unilever

Dwells on the MNC's milestone achievements across the globe as he hands over the mantle of MD & CEO to Rohit Jawa

Surf Excel becomes first Indian home care brand to top $1 bn annual sales

With a total sales of Rs 8,200 crore in 2022, Surf Excel also became HUL's first brand to reach the milestone

Royalty costs for benefit of all shareholders, not just Unilever: HUL CEO

'Mom-and-pop stores will remain the most dominant channel even after a decade, and in a highly digitised form'

Dabur weighs acquisitions to expand across India, SE Asia amid competition

The expansion comes as Dabur faces intensifying competition from deep-pocketed rivals - including global consumer titan Unilever Plc - which are swooping in on upstart Indian brands

Six of top-10 firms lose Rs 49,231 crore in m-cap; HUL biggest laggard

The combined valuation of six of the 10 most valued firms eroded by Rs 49,231.44 crore last week, with FMCG major Hindustan Unilever taking the biggest hit. Last week, the 30-share BSE Sensex declined 159.18 points or 0.26 per cent. While Bharti Airtel, ITC, ICICI Bank and HDFC twins were the other laggards from the top-10 pack, TCS, SBI, Reliance Industries and Infosys posted gains. However, the combined market valuation gain of the four firms at Rs 35,840.35 crore was less than the total loss suffered by the six companies. The market valuation of Hindustan Unilever plummeted by Rs 15,918.48 crore to reach Rs 6,05,759.87 crore. The market capitalisation (mcap) of Bharti Airtel tanked by Rs 12,540.63 crore to Rs 4,29,474.82 crore and that of ITC plunged by Rs 11,420.89 crore to Rs 4,60,932.38 crore. ICICI Bank lost Rs 6,863.37 crore to stand at Rs 5,95,885.63 crore. The mcap of HDFC Bank dipped by Rs 1,255 crore to Rs 9,23,933.45 crore and that of HDFC fell Rs 1,233.07 crore to

India's rural markets impacted due to high food inflation: Unilever CEO

Jope said the company saw 15.6 per cent growth in the country during the quarter, during which price and volume were up 11.2% and 3.9%, respectively

Hindustan Unilever's royalty hike move hits investor mood, stock dips 4%

Brokerages cut earnings given pressure on margins but see stock performing in long term

Too early to bet on rural recovery; stay selective on FMCG stocks: Analysts

In their quarterly update, Godrej Consumer Products, Dabur, and Marico witnessed sluggish growth in the December quarter (Q3) driven by poor rural consumption and a slowdown after the festival season

Stocks to Watch: RIL, PVR, HUL, Bata India, Sun Pharma, Vedanta, LTTS, Auto

Stocks to watch today: Jubilant Foodworks plans to open 3,000 Domino's stores - 250 stores for Domino's India in the next 12-18 months. It also plans to start 40-50 stores for Popeyes India