استمتع بـUnlimited مع Magzter GOLD

استمتع بـUnlimited مع Magzter GOLD

احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل

$149.99
 
$74.99/سنة

يحاول ذهب - حر

Growth pangs persist for HUL

December 04, 2024

|

Mint Mumbai

Bogged down HUL's shares have underperformed in 2024 so far amid demand woes

- Pallavi Pengonda

Growth pangs persist for HUL

Hindustan Unilever Ltd (HUL) has been struggling with muted revenue growth for the past few quarters, thanks to a combination of weak pricing and subdued volume growth. Demand conditions are still not particularly exciting, with urban demand moderating even as rural is recovering.

At its recent capital markets day, HUL's management indicated that it foresees overall demand trends to be stable in the short term. The company expects low single-digit price growth in the near term if commodity prices remain stable. Commodity price volatility, especially in tea and palm oil, is a challenge.

HUL intends to focus on volume-led revenue growth and expects to maintain EBITDA margin at the current levels in the near future. For the six months ended September (HIFY25), it stood at 23.5%.

المزيد من القصص من Mint Mumbai

Mint Mumbai

Mint Mumbai

Investors expect AI use to soar. That’s not happening

On November 20th American statisticians released the results of a survey. Buried in the data is a trend with implications for trillions of dollars of spending.

time to read

4 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

360 One, Steadview, others to invest in Wakefit ahead of IPO

A clutch of firms, including 360 One, Steadview Capital, WhiteOak Capital and Info Edge, is expected to invest in home-furnishings brand Wakefit Innovations Ltd just ahead of its initial public offering (IPO) next month, three people familiar with the matter said.

time to read

3 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

I-T dept to nudge taxpayers to declare foreign wealth

The department was able to collect 30,000 crore disclosed in the previous Nudge drive

time to read

2 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

Catamaran to boost manufacturing bets

Catamaran is focused on a few areas in manufacturing, such as aerospace

time to read

2 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

India, UAE review trade agreement to ease market access

Officials of India and the United Arab Emirates (UAE) met on Thursday to review how the Comprehensive Economic Partnership Agreement (CEPA) is working, and remove frictions that may be impeding trade between the two nations.

time to read

1 mins

November 28, 2025

Mint Mumbai

Beyond the stock slump-Kaynes' $1 bn aim is just the start

Shares of Kaynes Technology India Ltd have fallen about 25% from their peak of 7,705 in October, amid a management reshuffle and the expiry of the lock-in period for pre-IPO shareholders.

time to read

1 mins

November 28, 2025

Mint Mumbai

How Omnicom’s IPG buy will change Indian advertising

Two of the advertising world’s Big Four holding companies—Interpublic Group and Omnicom—officially merged this week.

time to read

2 mins

November 28, 2025

Mint Mumbai

Why TCS is walking a tightrope

Tata Consultancy Services Ltd recently outlined an ambitious multi-year $6-7 billion investment plan to build artificial intelligence (AI)-focused data centres and is already making progress in that area.

time to read

2 mins

November 28, 2025

Mint Mumbai

It's a multi-horse Street race now as Smids muscle in

For years, India’s stock market ran on the shoulders of a few giants. Not anymore.

time to read

3 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

Telecom firms flag hurdles in data privacy compliance

Operators need to comply with the data protection norms within 12-18 months

time to read

1 mins

November 28, 2025

Listen

Translate

Share

-
+

Change font size