Latest Updates Around The World
Hindustan Unilever Ltd (HUL) reported quarterly results broadly in line with sales, while margins surprised on the upside, providing some comfort to investors in a challenging consumer environment.Market participants noted that while revenue results met expectations, operating profitability came in stronger than expected, helped by improving trends in key segments and the gradual impact of […]
FMCG giant Hindustan Unilever Ltd (HUL) is expected to post a subdued performance in the September quarter as the recent GST rate cuts and prolonged monsoon disrupted sales momentum even as weak underlying demand and destocking weighed on volumes. According to an average of six brokers, HUL’s revenue is likely to grow only 1% year-on-year, […]
The combined market rating of five of the top 10 most appreciated companies rose last week with RS 60,675.94 Crore, where State Bank of India and HDFC Bank emerged as main amplifiers in accordance with a positive trend in shares. In a vacation last week, Sesex climbed 739.87 points or 0.92 percent, and the Nifty […]
Hindustan Unilever LTD (HUL) is expected to report a soft series of figures for the quarter of June, with profit after tax (Pat) that will probably fall 1% on an annual basis and the turnover is estimated to grow by approximately 4%, according to an average of five broker estimates. While the recovery of volume […]
