Page 2 - Itc Hindustan Unilever
Unilever faces new risk as India's consumers turn pickier, more demanding
India's personal-care sector is estimated to become a $33 billion market by 2027 from $20 billion in 2022, according to Redseer Management Consulting Pvt
 "Unilever faces new risk as India's consumers turn pickier, more demanding")
Demand woes, volume-margin trade-off likely to weigh on HUL stock
Competitive intensity to remain high, say brokerages as they take a cautious view
 "Demand woes, volume-margin trade-off likely to weigh on HUL stock")
Some Maharashtra distributors to stop stocking of HUL's Taj Mahal tea
AICPDF has also asked for a provision in the software system to prevent billing to outlets without valid FSSAI licenses
 "Some Maharashtra distributors to stop stocking of HUL's Taj Mahal tea")
In non-cigarettes push, how ITC built more than 25 FMCG mother brands
As we prepare to welcome 2024, ITC has metamorphosed from a tobacco giant into a conglomerate straddling multiple large-sized businesses
 "In non-cigarettes push, how ITC built more than 25 FMCG mother brands")
India's growth story is going to be distinctive, unique: HUL's Rohit Jawa
Says favourable demographics and 'Make in India' drive will provide impetus to growth journey
 "India's growth story is going to be distinctive, unique: HUL's Rohit Jawa")
As pandemic impact wanes, regional players expand, challenge FMCG giants
The rusk market is one of the primary examples where local players give established companies a tough time. There are about 2,500 local players engaged in the rusk market
 "As pandemic impact wanes, regional players expand, challenge FMCG giants")
Hindustan Unilever to help kirana stores compete with big cos via ONDC
Hindustan Unilever (HUL) became the first fast-moving consumer goods (FMCG) company to join ONDC last year through UShop
 "Hindustan Unilever to help kirana stores compete with big cos via ONDC")
Regional FMCG firms see gains over larger peers for second quarter in a row
Local brands have been able to capture market share as prices of raw material are lower, making it easier for them to manufacture and sell FMCG products at lower prices
 "Regional FMCG firms see gains over larger peers for second quarter in a row")
Unilever's venture capital arm invests in health & wellness startup
FMCG major Unilever's venture capital arm Unilever Ventures has invested Rs 14.40 crore in health and wellness company What's Up Wellness to ramp up the startup's team and product development. "The (seed) funding round was led by its sole new investor, Unilever Ventures...Notably, this marks Unilever Ventures' first investment in a health & wellness company," Gurugram-based What's Up Wellness said in a statement on Wednesday. The funding round also saw participation from a few of What's Up Wellness' existing investors, it said. "Investment in What's Up Wellness is in line with our strategy of supporting and investing in promising indie brands in the health & wellness space. India presents a large opportunity for the wellness segment and What's Up Wellness, with its innovative and modern formats, aims to capture this fast-transforming market," said Pawan Chaturvedi, Partner-Asia at Unilever Ventures. What's Up Wellness said it will utilise the fresh fund towards ramping up its .
 "Unilever's venture capital arm invests in health & wellness startup")
Jyothy Labs Q1FY24 result: Profits up 101.7% YoY, revenue rises 15%
The company expects that the government's push towards raising rural incomes will result in a growth in rural consumption which the company is likely to benefit from
 "Jyothy Labs Q1FY24 result: Profits up 101.7% YoY, revenue rises 15%")
Patanjali preparing to regain toothpaste mkt, expand distribution channels
Patanjali is strengthening its distribution system by expanding it from the current one million outlets to about 1.5 million outlets
 "Patanjali preparing to regain toothpaste mkt, expand distribution channels")
HUL Q4 net profit up 10% YoY, FMCG giant declares dividend of Rs 22/share
In the quarter, the FMCG giant reported a net profit of Rs 2,552 crore, up from Rs 2,327 crore last year
 "HUL Q4 net profit up 10% YoY, FMCG giant declares dividend of Rs 22/share")
HUL set for health and wellbeing foray with two investment deals
To acquire majority stake in OZiva maker, 19.8% in Nutritionalab
 "HUL set for health and wellbeing foray with two investment deals")
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 MD Mehta, UP CM Adityanath inaugurate detergent unit in UP's Sumerpur")
Here's why CLSA is bullish on ITC; sees the stock Rs 265 levels in a year
Given the road ahead for the next few years, CLSA finds the stock valuations attractive at the current levels with a record-high PE discount to the FMCG average (57 per cent) and a 6 per cent dividend
 "Here's why CLSA is bullish on ITC; sees the stock Rs 265 levels in a year")
HUL, ITC, Tata Consumer: FMCG sector on verge of breakout; stay invested
ITC stock is struggling to conquer the resistance of Rs 215 to Rs 220 levels. The downside support stays at Rs 200
 "HUL, ITC, Tata Consumer: FMCG sector on verge of breakout; stay invested")
FMCG stocks come back on bulls' radar after nearly 4 months on sidelines
BSE FMCG Index is up 7.3% since Nov end, against 4.1% rally in Sensex
 "FMCG stocks come back on bulls' radar after nearly 4 months on sidelines")
