Page 7 - Hul

Top Headlines: No census before LS polls, HUL's health and wellbeing foray

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HUL set for health and wellbeing foray with two investment deals

To acquire majority stake in OZiva maker, 19.8% in Nutritionalab

HUL to acquire majority stake in OZiva and 19.8% in Wellbeing Nutrition

Leading FMCG maker HUL on Thursday announced the acquisition of a majority stake in OZiva and a 19.8 per cent equity in Wellbeing Nutrition with a total investment of Rs 335 crore to foray into the health and wellbeing segment. Hindustan Unilever Limited (HUL) will acquire a 51 per cent stake in Zywie Ventures Private Ltd, which owns the brand OZiva, for a consideration of Rs 264.28 crore, making its entry into the health and wellbeing segment. Besides, HUL has also announced the acquisition of a 19.8 per cent stake in Nutritionalab Pvt Ltd (Wellbeing Nutrition) for a cash consideration of Rs 70 crore. Health and wellbeing segment is a fast-evolving category in India, which according to Euromonitor Data has a total potential market size of Rs 30,000 crore. In OZiva, HUL will acquire a 51 per cent equity stake through a combination of primary infusion and secondary buyouts, said a statement from the FMCG major. "The balance 49 per cent will be acquired at the end of 36 months based

Market value up, but volumes declining in India: Unilever CEO Alan Jope

The consumption weakness is due to the impact of inflation, particularly in rural areas, he said

Dove dry shampoo recall in US: Mkt too small, no impact likely in India

Nykaa had listed the US as the country of origin for the Dove and Tresemme dry shampoo products sold on its platform

Hindustan Unilever slips 5% in two days post September quarter earnings

The company's cost savings programme and tweaking of marketing spends would help it maintain higher operating margins, analysts said

HUL beats Street expectations in Sept quarter, net profit rises 22.2%

Net profit rises 22.2% on 16.1% increase in revenue

HUL Q2 preview: Revenue may climb up to 21% YoY in Q2FY23, say analysts

HUL Q2 preview: Analysts expect the cost inflation in palm prices and packaging material to dent the FMCG major's margin picture in Q2-FY23

Hindustan Unilever cuts prices of soaps, detergents after 2 years of hikes

Growth in volumes in the recent past was affected due to a significant surge in product prices

Sensex swings 760 pts, ends 200 pts down; Nifty holds 17,200; IT stocks up

CLOSING BELL: IT, select auto and banking stocks aided the market recovery on Monday. TCS gained nearly 2 per cent ahead of its Q2 result.

Stocks to watch: TCS, HUL, GCPL, Ambuja Cements, Tata Power, Bandhan Bank

Stocks to watch today: Tata Consultancy Services (TCS) will kick off India Inc's July to September (Q2FY23) earnings on Monday, October 10; HUL, GCPL slashed prices of soap products by up to 15%

HUL's market capitalisation hits 67% of its parent company Unilever

Indian FMCG giant's m-cap is touched $77 billion as compared to $115 billion of Unilever that holds 62 per cent in HUL

Positive triggers factored into Hindustan Unilever's stock price

Falling raw material prices expected to help margins recover in Q3

India's top companies flag slowdown concerns as global recession looms

Chairman of the top two consumer goods companies, namely ITC and HUL, were blunt in their assessment of the market

HUL MD Mehta, UP CM Adityanath inaugurate detergent unit in UP's Sumerpur

HUL CEO Sanjiv Mehta and UP Chief Minister Yogi Adityanath virtually unveiled the spray dried detergent factory and co-located distribution centre

HUL beats estimates with Rs 2,381-cr net profit in Q1; revenue up 19.6%

Revenue was up 19.6% YoY and profit up 13.5% YoY, its highest-ever quarterly figures

Top headlines: Vedanta declares dividend of Rs 19.5; HUL Q1 net rises 11%

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RIL, banks lift Sensex 246 pts, Nifty tops 16,300; Rupee ends at 79.95/$

CLOSING BELL: The steady depreciation in the value of the rupee against the US dollar is likely to prove expensive for corporate India

Sensex zooms 760 pts, Nifty tops 16,250; IT index up 3%, HDFC Bank dips 1%

CLOSING BELL: The frontline indices climbed on the back of gains in Infosys, ICICI Bank, Kotak Bank, TCS, Axis Bank, L&T, SBI, and Reliance Industries

HUL, ITC, and USL now have 432 officials earning more than Rs 1 cr a year

In the last fiscal, FY22, the number of such executives rose by 33 per cent, 44 per cent and 113 per cent in HUL, ITC and USL, respectively