Hindustan Unilever (HUL), the highest market share holder in the nutrition category with Horlicks and Boost, has renamed its portfolio as Functional Nutrition Drinks
Union Home Minister's five biggest bets valued at Rs 5.3 crore
HUL will focus on face cleansing, sun care, light moisture, serums, body care, and masstige skincare
The premium portfolio growth across categories was healthy, but the mass portfolio was weak
Rebranding offers clearer and more transparent representation of the product category, says company
The fall came after the company announced a mixed set of March quarter (Q4FY24) results. Hindustan Unilever's profit dipped 1.6 per cent to Rs 2,558 crore, from Rs 2,600 crore a year ago
Stocks to Watch on Thursday, April 25, 2024: The Reserve Bank of India, on Wednesday, directed Kotak Mahindra Bank to stop issue of fresh credit cards and the onboarding of new customers
"We believe that the market is slowly returning to normal. If macros and monsoons do help the agri economy...then that will also add to the change," said Jawa
Hindustan Unilever Ltd's shares closed at Rs 2,260.05 on Wednesday ahead of its financial results
Stocks to Watch on Wednesday, April 24, 2024: Axis Bank, Hindustan Unilever, LTIMindtree, The Indian Hotels Co., and AU Small Finance Bank are among the companies which will report Q4FY24 result today
Stock market preview Wednesday, April 24: Global cues remain supportive; HUL, Axis Bank results coupled with upcoming monthly F&O expiry may induce market volatility today.
Reliance Industries has topped the India Involved Ranking 2023 that measures how India Inc is committed to Vikasit Bharat. The ranking and the index has been put together by Skoch, a leading Indian think-tank dealing with socio-economic issues and focusing on inclusive growth, after a six month-long study, analyzing a number of companies across 231 indicators to rank the top-20 corporates on comprehensive 'India Involved Ranking'. It is followed by Hindustan Unilever and Adani Group. Jio Platforms Limited topped the 'India Involved Ranking in Digital Transformation'. It is followed by Lupin and Heritage Foods. Hindustan Unilever topped India Involved Ranking in ESG, followed by Adani Group and Britannia. Bank of India topped India Involved Ranking in Corporate Excellence, followed by HDFC Life Insurance and Aditya Birla Health Insurance, according to a Skoch release. Reliance Industries has always followed its 'We Care' philosophy, which puts doing good before doing well. "We car
Life Insurance Corporation of India (LIC) on Monday said its stake in FMCG major Hindustan Unilever Limited (HUL) has crossed 5 per cent. The Corporation has increased its shareholding in Hindustan Unilever Limited from 11,74,63,555 to 11,77,18,555 equity shares, i.e., 4.99 per cent to 5.01 per cent of the paid-up capital of the company, LIC said in a regulatory filing. The Corporation purchased additional shares from the open market in the ordinary course of transaction, it said. Holding in the company touched 5 per cent and the acquisition of shares was done on April 12 at an average cost of Rs 2,248.59 per unit. Shares of HUL ended 1.72 per cent down at Rs 2,194.60 while that of the country's largest state-owned insurer, LIC, closed at Rs 961.15 apiece on BSE, down by 1.03 per cent.
Emami and HUL have been embroiled in a legal battle over the use of the 'Glow & Handsome' mark for four years
HUL has signed MoU with BP and Jio-BP to use BIO-CNG for its trucks. Emissions from BIO-CNG are about 70 per cent less than those from fossil fuels
The Nifty FMCG index declined 1.7 per cent to 52,940 level in the intraday trade, dragged by Nestle India (down 3.3 per cent), Colgate Palmolive (3.25 per cent), Godrej Consumer Products (3 per cent)
Among these five, HDFC Bank, ITC and UPL can potentially rally up to 10 per cent; Whereas, Hindustan Unilever and Asian Paints can crack another 25 per cent, suggest charts.
Rx for returns: Pharma firms' dominance in market recovery prescription
Fast-moving consumer goods (FMCG) companies have reported single-digit volume growth with improved margins in most segments during December quarter, helped by moderating commodity inflation, though operating environment remained challenging. Some of the companies also reported a decline in their topline numbers, as they extended the benefits of softening commodity prices to the consumer by lowering the prices, which had a bearing on their gross sales numbers. Companies such as HUL, ITC, Marico, Dabur, and Godrej Consumer Products said urban markets continued their moderate growth, while consumer demand from rural India remained subdued even as they expect an improvement in coming quarters. Moreover, the late arrival of winter also impacted the pickup of relevant products such as lotions, oils and creams. Hindustan Unilever (HUL) reported a muted growth in consolidated net profit at Rs 2,508 crore and its sales were marginally down to Rs 15,259 crore. "Overall, FMCG demand trends h
The court held that anti profiteering provisions pertain to commensurate reduction of prices when gst rates are reduced or due to input tax credit and hence these provisions are in public interest