Mumbai: Ayurveda may have started in the Indian subcontinent, but it still accounts for less than a percent of the country’s overall fast moving consumer goods market, said a latest study. The low sales contribution is despite more than a dozen leading companies flooding retail shelves with hundreds of natural and herbal variants over the … Read more
MUMBAI: Hindustan Unilever Ltd (HUL) chairman Sanjiv Mehta said India needs to be “aggressive with spending” before it’s too late and called for interest rates to be slashed given the signs of urban distress that have emerged in the wake of the Covid-19 pandemic. “There is a curve of cost of doing and the cost … Read more
Nomura has initiated coverage on FMCG major Hindustan Unilever with a buy rating and a target price of Rs 2,680. According to Nomura, the downturn is the time for Hindustan Unilever and leverage its core strengths to its fullest. “We believe in this downturn HUL can further widen its competitive lead vs peers and is … Read more