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4 mins read

HUL's Q1 profit, volume growth disappoint street

FMCG major Hindustan Unilever delivered a lower-than-expected 8% growth in net profit for the first…

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3 mins read

Small & regional players are increasing competition says HUL CEO

Hindustan Unilever, the country’s largest fast moving consumer goods major, disappointed the Street…

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5 mins read

Hindustan Unilever’s net profit rises 13.6%, beats analyst expectations

Hindustan Unilever today beat analyst expectations to report a 13.6% increase in net profit to 2,38…

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5 mins read

Sensex, Nifty50 end lower on weak US consumer data – FMCG, metals, auto lead losses

On Thursday, the Sensex and Nifty50 are likely to open in the red following negative global cues. T…

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4 mins read

FMCG makers expect sustained recovery in volume and margins with price reduction in FY24

Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-movin…

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2 mins read

Indian stock markets tank after investors rush to book profits

Indian stock markets recorded a significant decline due to the profit-booking in financial, IT and …

PTI   


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3 mins read

HUL shares spike despite a profit warning⁠ as investors get swayed by the broader market mood

Hindustan Unilever (HUL), India’s largest consumer staples company, has warned that its profit may …

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5 mins read

Banks, autos steal limelight in Q1 profit growth, while commodity driven firms remain under pressure

More than half of the companies that have announced their earnings so far have either met or exceed…

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1 min read

Markets continue to fall for fourth straight sessions; Bajaj Finserv, Coal India, Shree Cement fall sharply

At 10.25 a.m., Sensex traded at 58,593 points, down 0.9 per cent from the previous close of 59,4…

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2 mins read

Shoppers Stop shares jump 15% after company reports its first profit in more than two years

Shoppers Stop’s stock went up 15% on Friday morning after the company reported a profit for the fir…

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4 mins read

A cup of regular tea has never been this expensive in India, thanks to kooky weather

The price of tea was already at a record high before the weather in Assam got a bit kooky. And that…

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3 mins read

Markets snap 7-day rally to end in the red led by losses in FMCG giants, RIL

On Tuesday, Sensex ended 287 points down at 59,543 while Nifty50 closed 74 points lower at 17,65…

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3 mins read

Sensex, Nifty slide nearly 1 pc on losses in IT, banking shares

Benchmark BSE Sensex and Nifty slid by nearly 1 per cent on Tuesday due to profit booking in IT, ba…

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1 min read

Hindustan Unilever is planning to cut 10%-15% of jobs to protect profitability

However, the exact number will be known by the end of April only. In India, HUL employs around 18,0…

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4 mins read

HUL CEO says the product inventory range will be smaller and simpler hereon⁠— analysts believe others may have the same plan

“Certainly, our business has become much more agile. We have simplified many things like I say…

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3 mins read

Yes Bank's share price slips 5% ahead of earnings as COVID-19 uncertainty continues to loom after scam

If anything, the stock has recovered during the COVID-19 lockdown as the fears around its surv…

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2 mins read

COVID-19: No job, salary cuts so far but can't say about future, says HUL

Elaborating further, Mehta said, "If for instance the economy bounces back then we are into busines…

PTI   


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2 mins read

Stock market opening: Sensex, Nifty see muted start, Asian Paints, Grasim take lead

Grasim Paints, JSW Steel, Cipla gained over 1% each, while Asian Paints and Tata Motors gained lead…

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4 mins read

New troubles pile on FMCG majors as they await consumption uptick

For most of the ongoing financial year, i.e. FY24, fast moving consumer goods players have been wai…

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4 mins read

Honasa Consumer’s D-Street debut an acid test for D2C companies

If you are an investor who is tired of the same old consumer companies, there is a new theme in tow…