The March quarter has seen temperatures 3-4 degrees higher than normal, benefiting companies like Varun Beverages, which is expected to report 12% volume growth—a significant jump from the previous quarters. Abneesh Roy, Executive Director at Nuvama Institutional Equities, stated that rising demand for cold beverages amid an early summer has provided a boost to the […]
Sensex Today | Stock Market LIVE Updates: GIFT Nifty indicates a start in red for indices; BSE, Wipro in focus
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 ended at 23,486.85, while Sensex ended at 77,288.50. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 2,790.5 points below its record high of 26,277.35. Overnight, […]
Minimalist targets 10x offline expansion with HUL’s support – CNBC TV18
Premium beauty brand Minimalist is gearing up for aggressive offline expansion, leveraging the vast retail network of Hindustan Unilever (HUL), which is set to acquire a 90.5% stake in the company for ₹3,000 crore, pending regulatory approvals. The partnership will help Minimalist scale its presence from 2,000 stores to as many as 20,000 within the […]
Sensex Today | Stock Market LIVE Updates: Nifty 50, Sensex set to open in red; HUL, BPCL in focus
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session higher. Nifty 50 closed at 23,155.35, while Sensex ended at 76,404.99. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 3,122 points away from its record high of 26,277.35. Overnight, Wall […]
HUL Q3 Results: Net profit rises 19% to ₹3,001 crore on-year; revenue misses estimates – CNBC TV18
Hindustan Unilever Ltd (HUL) reported a 19% year-on-year (YoY) rise in net profit for Q3 FY25, reaching ₹3,001 crore and exceeding market expectations of ₹2,585 crore. Company Value Change %Change The company’s revenue saw a modest growth of 1% YoY, rising to ₹15,408 crore, falling 1.2% short of the estimated ₹15,600 crore. Earnings before interest, […]
HUL Q3 Results Live Updates: Domestic volume growth seen at 2%; PAT, revenue to remain muted
By CNBCTV18.COM | Jan 22, 2025 9:40 AM IST (Updated) HUL Q3 Results Live Updates: FMCG giant Hindustan Unilever is expected to see flat earnings for December 2024 due to delayed winter, rising commodity prices, and a weak urban demand. Analysts are anticipating a 1-2% underlying volume growth, influenced by price hikes in soaps and tea. […]
FMCG sector set for mixed third quarter with rural recovery, weak urban demand – CNBC TV18
The fast-moving consumer goods (FMCG) sector is expected to show mixed trends in the October-December 2024 quarter (Q3FY25). Demand is likely to remain largely unchanged from the previous quarter, with rural areas seeing some recovery while urban demand continues to lag. The festive season may provide a boost, but categories like skincare and healthcare products […]
HUL in talks to acquire consumer skincare startup Minimalist for ₹3,000 crore – CNBC TV18
Hindustan Unilever (HUL) is in advanced discussions to acquire the direct-to-consumer skincare startup Minimalist for up to ₹3,000 crore, according to media reports. If finalised, the acquisition would strengthen HUL’s presence in the Indian skincare market and align with its recent expansion into the health and wellbeing sector. Minimalist, founded just four years ago, has […]
Sensex Today | Stock Market LIVE Updates: Nifty, Sensex set for muted open, Torrent Power in focus
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green. Nifty 50 ended at 24,274, while Sensex closed at 80,248.08. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 2,003.35 points away from its record high […]
Sensex Today | Stock Market LIVE Updates: Nifty 50, Sensex set to open lower, Zomato, Adani stocks focus today
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green. Nifty 50 closed at 24,221.90, while Sensex ended at 80,109.85. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 2,055.45 points away from its record high […]