The growing commodity prices and unprecedented inflation touching a new high, have forced the consumers to tighten their purse strings and opt for the low-unit price (LUP) packs to maintain their household budgets.
The market valuation of Hindustan Unilever jumped by Rs 25,234.61 crore to Rs 5,25,627.06 crore, the most among the top-10 firms.
The FMCG giant increased prices, decreased advertising spend, firmed up on technology and built a sturdy strategy to beat inflation blues
Its revenue from sales of products during the quarter under review stood at Rs 13,468 crore, up 10.21 per cent, as against Rs 12,220 crore in the corresponding...
While Reliance Industries Ltd (RIL), TCS, HDFC Bank, Infosys, HUL, Bajaj Finance and HDFC were the laggards from the top-10 pack, ICICI Bank, SBI and Adani...
Last week, the Sensex slipped 170.49 points or 0.28 per cent, while the Nifty shed 113.90 points or 0.64 per cent.
From the top-10 pack, the market valuation of HDFC Bank zoomed Rs 41,469.24 crore to reach Rs 8,35,324.84 crore
The ongoing war between Russia and Ukraine has also added another blow to FMCG makers as they expect a rise in the prices of wheat, edible oil, and crude.
The market capitalisation (mcap) of Hindustan Unilever Limited advanced Rs 17,610.19 crore to Rs 4,92,204.13 crore and that of HDFC Bank went higher by Rs...
The development comes as the company’s existing CEO and MD Ram Raghavan will be taking over as the president of the parent company.
Rao has been appointed as Executive Director, Beauty & Wellbeing and Personal Care, while Subramanian has been named as Executive Director, Home Care.
Tracking decline in equities, the market capitalization of BSE-listed companies plunged Rs 4,09,554.44 crore to Rs 2,46,96,434.57 crore in morning deals.
The HUL had recently said that India continued to be among the top three priority markets for its parent, Unilever.
The company is separating the position of the Chairman of the Board and CEO & MD, according to a statement.
Retail inflation in India rose to a seven-month high of 6.01 per cent in January, breaching the upper tolerance level set during former RBI governor Raghuram...
While referring to the recent Union Budget, HUL Chairman and Managing Director Sanjiv Mehta said the ubiquity of technology and the need for mainstreaming it...
Hindustan Unilever's net profit rose 19 per cent in December quarter to Rs 2,300 crore from Rs 1,938 crore. Its revenue from sales during the quarter came in...
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On Tuesday, distributors had suspended their boycott of FMCG major Hindustan Unilever Limited (HUL) in Maharashtra after talks with the company over issues of...
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The decision came after HUL met the representatives of AICPDF, and addressed their concerns regarding emerging B2B platforms, and cash-and-carry players such...
ICICI Banks market capitalisation (m-cap) was at Rs 5.83 lakh crore just above HUL’s Rs 5.76 lakh crore. In the Q2FY22 ICICI Bank posts its highest ever...
After scaling the 62,000-mark for the first time on Tuesday, the benchmark BSE Sensex had succumbed to selling pressure in fag-end trade to close 49.54 points...
Its revenue from sales during the quarter under review stood at Rs 12,812 crore, up 11.31 per cent, against Rs 11,510 crore a year ago, Hindustan Unilever Ltd...