Sat, Jan 20, 2024
Hindustan Unilever (HUL) shares dipped over 3% after missing analyst expectations for its December quarter earnings. Net profit remained stagnant year-over-year, falling short of estimates, while revenue also contracted slightly. Brokerage commentary was divided, with Citi retaining an "Equal Weight" rating and Nuvama trimming EPS estimates but maintaining a "Buy" stance.
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Thu, Jan 18, 2024
The company is seen to witness a marginal 2 per cent volume growth as a slowdown in rural demand will continue to weigh.
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