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Hindustan Unilever shares tumble nearly 6% post earnings

The stock tanked 5.78% to Rs 2,504.15 on the BSE.New Delhi: Shares of FMCG major Hindustan Unilever Ltd (HUL) on Thursday tumbled nearly 6% after the firm reported a 2.33% decline in consolidated net profit for the second quarter...

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

FMCG companies are chasing volume growth again after a gap of a few quarters, offering higher grammage and price cuts thanks to inflationary pressuresNew Delhi: Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-moving consumer...

HUL to focus on e-commerce, modern trade channels

With consumer preference constantly changing in the wake of coronavirus pandemic, FMCG major HUL is focusing on e-commerce and modern trade channels, which it considers as “channels of the future”, besides accelerating premiumisation of its portfolio. According to a PTI...

GST impact: HUL extends tax benefits to consumers

FMCG major HUL has reduced the prices of some of its detergents and soaps, extending the tax benefits the company has got under the GST regime to consumers. According to a PTI report: The company has slashed the price of...
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Recode Studios opens new store in Guwahati

Recode Studios has been expanding its retail footprint across major cities. With this launch, the brand aims to cater...
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