Page 18 - Hindustan Unilever

HUL's Q2 revenue, net profit rise as business back to normal level

A poll of analysts done by Bloomberg had pegged the firm's net profit at Rs 1,915 crore

HUL: Higher costs, volume and market share focus could hit profitability

The near term could see some pressures on the gross margin which was down 150 basis points y-o-y in the quarter

MARKET WRAP: Indices rise for 3rd day, Sensex up 113 pts; IT stocks advance

All that happened in the markets today

HUL Q2 net up 9% YoY to Rs 2,009 crore; announces interim dividend of Rs 14

Revenue for the quarter under review came in at Rs 11,276 crore, up 16.1 per cent YoY.

Equity fund raising rises 88% to $32.7 bn in first 9 months of 2020

This is already a record year for amount mobilised through the equity capital markets (ECM), topping $31.2 billion raised during calendar 2007, according to financial data firm Refinitiv

MARKET WRAP: Sell-off continues, Sensex slips 300 pts; Nifty ends at 11,154

All that happened in the markets today

Emami refocuses for handsome gains, puts aside spat with Hindustan Unilever

The company puts the spat with multinational Hindustan Unilever behind it as it squares up to fight the pandemic slump

Myrmidons around the CEO

When you think of celebrities - CEOs, ministers, bureaucrats, actors and sportsmen - you note that they have a swarm of myrmidons around them

Weekly trading ideas by Religare Broking: Buy Grasim Industries, Biocon

Grasim is witnessing a breakout from the range where it has spent the last two months

Bombay High Court stops Emami from using label 'Glow & Handsome'

HUL recently dropped the word 'Fair' from its skin creams for men and women, and renamed the skin cream for men as 'Glow & Handsome'

Small firms losing market to big FMCG brands as buyers go for trusted names

Normalcy in operations, push into rural areas aid growth

Few parallels for RIL-like transformation in the world of business

One of the few in the league of RIL globally is the SoftBank Group, which has grown from being a PC software distributor and a telco to a technology-focused investor

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of IndusInd Bank has maintained a good base near 485 levels and has indicated a momentum pick up with positive bias

As Covid-19 enters hinterland, FMCG heads divided on rural revival timeline

Some CEOs circumspect, others confident recovery will last

Brands try to understand cost-conscious consumer, evaluate purchase pattern

Value packs, local roots, budget labels mark the new shopping trail as consumers emerge from a series of lockdowns

Unilever to retain tea business in India, Indonesia after portfolio review

In January, Unilever had announced a strategic review of the global tea business, which includes leading brands such as Lipton, Brooke Bond and PG Tips

Cheer in Covid times

Here's the backstory of Biocon's Alzumab which has been approved by the CDSCO for the treatment of Covid-19 in India

Hindustan Unilever: Q1 improves earnings outlook despite uncertainty

Synergy benefits from GSK Consumer merger, VWash buy give leg up to firm's portfolio

HUL Q1 preview: GSK acquisition, the lower tax rate to support profit

The April - June 2020 quarter (Q1FY21) has been an unprecedented period with the Covid-19-induced lockdown impacting manufacturing and supply chain operations

HUL temporarily closes Haridwar plant after employees contract Covid-19

The company did not disclose the exact number of employees but reports say 33 workers have been tested positive