Page 4 - Hindustan Unilever

Nifty, Sensex dip on F&O expiry; FMCG falls; Pharma, metals show resilience

1,441 out of the 1,930 traded stocks on NSE ended in the red, 104 in the green, while 85 remained unchanged. The total market capitalisation of NSE stocks stood at $5 trillion

HUL slips 4% after posting Q4 results; Here's what's worrying investors

HUL share price: The fast-moving consumer goods (FMCG) giant released its fourth quarter (Q4FY25) results on Thursday, during market hours.

HUL Q4 results: PAT, revenue may rise 2% YoY; check date, time, expectation

HUL Q4 results preview: The company's revenue, on average, for the fourth quarter ended March 31, 2024, is anticipated at ₹14,966.97 crore as compared to ₹14,693 crore a year ago

HUL, Britannia: This foreign brokerage is betting big on consumer stocks

UBS expects consumer sector to rebound in fiscal 2025-26 (FY26). Prefers Hindustan Unilever (HUL), Britannia, GCPL, Colgate, Trent and others; suggests selling Asian Paints, Dabur

HUL agrees to take down Lakme Sunscreen ad after Mamaearth's objection

The court ordered the removal of Hindustan Unilever's 'disparaging' Lakme ad after Honasa and HUL filed defamation cases against each other

5 top valued firms add ₹84,559 cr in valuation last week; HUL major gainer

The combined market valuation of five of the top-10 valued firms surged Rs 84,559.01 crore in a holiday-shortened last week, with Hindustan Unilever emerging as the biggest winner. Last week, the BSE benchmark Sensex declined 207.43 points or 0.27 per cent. The NSE Nifty dipped 75.9 points or 0.33 per cent. Indian stock markets were closed on Thursday for Shri Mahavir Jayanti. While Reliance Industries, Bharti Airtel, Hindustan Unilever, Bajaj Finance and ITC were the gainers, HDFC Bank, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India and Infosys faced erosion from their valuation. The market valuation of Hindustan Unilever surged Rs 28,700.26 crore to Rs 5,56,054.27 crore. Reliance Industries added Rs 19,757.27 crore, taking its market capitalisation (mcap) to Rs 16,50,002.23 crore. The valuation of ITC jumped Rs 15,329.79 crore to Rs 5,27,845.57 crore and that of Bajaj Finance rallied Rs 12,760.23 crore to Rs 5,53,348.28 crore. The mcap of Bharti Airtel climbed

Hindustan Unilever and NSRCEL-IIM-B launch Climate Incubation Hub

The initiative will focus on startups operating in key environmental domains, including climate, nature, and plastics circularity

HUL appoints Rajneet Kohli as executive director of foods from April 7

Kohli will take over from Shiva Krishnamurthy, who will move on from his role to pursue an external opportunity, the company said in its release

Hindustan Unilever board okays acquiring 14.3% stake in Lucro Plastecycle

Lucro is a waste management, recycling, and product manufacturing company working to create a circular plastics economy

HUL gets CCI approval to acquire Minimalist in Rs 2,670 crore deal

Hindustan Unilever Ltd (HUL), a leading FMCG player, owns more than 50 brands, including Lakme, Lux, Knorr, Kwality Wall's, and Surf Excel

NCLAT dismisses insolvency plea against HUL, cites pre-existing dispute

The National Company Law Appellate Tribunal (NCLAT) on Monday set aside a plea against HUL, filed by an operational creditor seeking initiation of insolvency proceedings against the FMCG major. The appellate tribunal has upheld an order passed by the Mumbai bench of the National Company Law Tribunal (NCLT), which on September 5, 2024 had set aside a plea filed under Section 9 of IBC by K Lakshmi Narayana, Proprietor of Lalithambica Enterprises, alleging default. The NCLT had found that the sum of the invoices, which was within the three-year limitation period, was less than the threshold limit of Rs 1 crore. Besides, the appellate tribunal noted that HUL's submission relates to a pre-existing dispute, for which a legal notice was issued on January 17, 2019. The decision was challenged before NCLAT, where a two-member bench comprising Chairperson Justice Ashok Bhushan and Member (Technical) Arun Baroka, dismissed it observing the existence of a dispute on claims. "... according to

HUL slips 4% after posting Q3 results; most brokerages cut target price

Fast-moving consumer goods (FMCG) major HUL reported an 18.9 per cent rise in its net profit at Rs 2,984 crore for the third quarter (Q3) as compared to a net profit of Rs 2,509 crore Y-o-Y

HUL Q3 results: PAT rises 18.9% to Rs 2,984 cr, volume growth remains flat

Announces acquisition of beauty brand Minimalist, and demerger of ice-cream business

Minimalist acquisition an example of making portfolio future fit: HUL CEO

The Rs 2,715-crore acquisition of premium beauty brand Minimalist from a company founded four years ago is "a great example of making" Hindustan Unilever Ltd's portfolio future fit and it shows the startup ecosystem in India definitely has a strong future ahead, according to its CEO and Managing Director Rohit Jawa. Hindustan Unilever Ltd on Wednesday announced that it has signed and executed share purchase and subscription agreement for acquisition of 90.5 per cent of shareholding of Uprising Science Pvt Ltd -- the firm behind Minimalist -- comprising secondary buyout for a cash consideration of Rs 2,670 crore at a pre-money enterprise valuation of Rs 2,955 crore. The company will also make a primary infusion of Rs 45 crore with an eventual acquisition of the remaining 9.5 per cent of Uprising's shareholding, HUL said in a regulatory filing. Addressing an earnings call, Jawa said despite the slowdown in FMCG market, which is transitory in nature, the company is preparing for future

HUL Q3FY25 results: Net profit rises 19% to Rs 2,984 cr, revenue up 2%

Hindustan Unilever Q3FY25 results: Consolidated revenue rose moderately by 1.9 per cent at Rs 15,559 for Q3FY25, from Rs 15,259 crore

Stock Market Highlights: Sensex ends 567pts up led by Infy, HDFC Bank; Broader indices fall over 1%

Stock Market Close Highlights, Jan 22: The NSE Nifty 50 index ended 131 pts higher at 23,155. Sectorally, the Nifty IT index soared over 2 per cent, while the Realty index cracked almost 5 per cent.

Markets Today: Nifty outlook; Trump; HDFC Bank, HUL Q3; Denta Water IPO

Stock Market Today, January 22, 2025: Denta Water IPO and Rexpro IPO will open today; EMA Partners IPO Allotment will be finalised; and Rikhav Securities and Kabra Jewels shares will list today

Hindustan Unilever in talks to buy skincare brand Minimalist for Rs 3K cr

The brand, which started in 2020, is known for its ingredient-based skincare products and raised funds in its Series A from Unilever Ventures and Sequoia Capital India

Stocks to buy, sell: How to trade HDFC Bank, HUL, RIL shares today?

Stocks to buy today: Jigar S Patel of Anand Rathi suggests initiating long positions in HDFC Bank share price in the 1,850-1,875 range, with an upside target of 2,050

FMCG stocks rebound; ITC, HUL rally up to 5% from intra-day lows

Thus far in the calendar year 2024, the FMCG index was up 1.4 per cent, as against 13.5 per cent rally in BSE Sensex.