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Mint

ITC , HUL, Dabur, others share prices rise up to 26% in 6 months: Buy, Sell or Hold the stocks?

Stock Market Today: ITC Ltd, Hindustan Unilever Ltd, Dabur India, others share prices have risen up to 26% in last 6 months. The gains in share prices have been led by some improvement in demand, signs of recovery. Check for factors leading to improved prospects and stock picks by analysts

The Economic Times

With Hourglass, HUL feels time is ripe to enter India luxury cosmetics

Hindustan Unilever is set to launch its global beauty brand Hourglass in India, marking its entry into the luxury cosmetics market. The brand will be available both online and offline. This move aligns with HUL's strategy to focus on high-margin, low-penetration categories and cater to the growing demand for premium beauty products in India.

Mint

Stocks in focus: These three shares are among top bets by Motilal Oswal for this week

Brokerage firm Motilal Oswal has recommended three stocks - JK Cement, Havells India and Hindustan Unilever - to buy this week with decent upside move.

The Economic Times

Buy PVR INOX, target price Rs 2065: Anand Rathi

PVR INOX Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 16583.95 Crore) operating in Media & Entertainment sector.

Mint

PVR Inox stock rises 3% after Anand Rathi raises target price, sees 25% upside

The brokerage anticipates a sequential improvement in the second quarter of fiscal 2025 following a lackluster first quarter, driven by enhanced advertising revenue, which has been trailing behind pre-COVID levels.

Business Standard

Godrej Consumer MD and CEO Sudhir Sitapati throws weight behind Dhaval Buch

Godrej Consumer Products MD & CEO Sudhir Sitapati has thrown his support behind Dhaval Buch, husband of embattled Sebi Chairperson Madhabi Puri Buch, stating that it could be the side effects of what happens when the worlds of government and the private sector collide. Dhaval and Madhabi have been facing allegations of conflict of interest over providing consultancy services to corporates. In a post on networking platform LinkedIn, he said unless the context of the top professionals coming from the corporate world is understood, there could be a situation where no senior person from the private sector would ever consider a government job. Given the cusp of change India is at, "there is a lot of talent in the private sector that the government could use, and we probably need to reconsider our old socialist biases against everything private," he said. "I have known of and then known Dhaval Buch for the 22 years that I worked at Hindustan Unilever. I was much his junior, but in a ...

The Economic Times

Sensex, Nifty hit fresh lifetime highs but concede day's gains in range-bound trade

The market saw a near-even split between winners and losers, with 26 stocks closing higher and 24 lower. NTPC, JSW Steel, Hindalco Industries, Shriram Finance, and L&T led the gains, while Bajaj Finance, Hindustan Unilever, Bajaj Finserv, SBI Life Insurance Company, and Britannia Industries saw declines.

Mint

Stree 2 rescues PVR Inox in an otherwise dull quarter

PVR Inox is expected to post its strongest quarter yet in Q3FY25, fueled by mega releases like Bhool Bhulaiyaa 3, Singham Again, Mufasa: The Lion King, The Lord of the Rings, and Pushpa 2.

The Economic Times

Buy Hindustan Unilever, target price Rs 3250: Motilal Oswal

Hindustan Unilever Ltd., incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 689123.37 Crore) operating in FMCG sector.

The Economic Times

Hindustan Unilever Stocks Live Updates: Hindustan Unilever Closes at Rs 2932.95 with Diminished Trading Volume

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The Economic Times

'AI godmother' Fei-Fei Li raises $230 million to launch AI startup

Fei-Fei Li, a prominent AI researcher, has raised $230 million for World Labs, a startup focused on spatial intelligence. The funding was led by Andreessen Horowitz, New Enterprise Associates, and Radical Ventures. World Labs aims to develop AI technology that understands the 3D physical world, with potential applications in AR/VR and robotics.

Mint

Shares to buy or sell: Chandan Taparia recommends three stocks to buy today

Shares to buy today: Chandan Taparia has recommended three stocks to buy today – Apollo Hospitals, Hindustan Unilever, and Havells

Mint

Stocks at record high: ITC, Airtel, HUL.. nearly 280 stocks hit 1-year highs; investors earn ₹6 lakh crore in a day

Stocks at record high: The Indian stock market benchmarks—the Sensex and Nifty 50—hit new record highs. The total market capitalisation of BSE-listed companies rose by nearly ₹6 lakh crore. Almost 280 stocks, including ITC, Bharti Airtel, and Hindustan Unilever (HUL), hit their 52-week highs.

The Economic Times

HUL's scoop: In a hot market, all scream for ice cream

Several firms are interested in acquiring Hindustan Unilever's ice-cream business, which includes brands like Kwality Wall's and Magnum. HUL is setting up an independent committee to evaluate the future of this segment. The Indian ice-cream market is growing rapidly due to rising disposable incomes and innovative products.

Mint

Stocks at record high: HUL, Britannia, Dabur... nearly 280 stocks hit fresh 1-year high on BSE in the stock market today

Stocks at record high: The Indian stock market saw significant gains on Tuesday, with 278 stocks, including Hindustan Unilever, Dabur, and Britannia Industries, reaching new 52-week highs during intraday trading on the BSE.

The Economic Times

Technical Breakout Stocks: How to trade Hindustan Unilever, Jubilant Pharmova and Glenmark Life on Tuesday?

Indian markets ended higher on Monday, with the S&P BSE Sensex up over 370 points and Nifty50 maintaining 24,900 levels. Gains were seen in consumer durables, banks, and FMCG, while sectors like PSU and energy saw declines.

Business Line

Mid-day updates: Indian stock markets show modest gains despite mixed sentiment

Among the top gainers were Shriram Finance, SBI Life, Hindustan Unilever, ICICI Bank, and Britannia, while ONGC led the list of top losers.

Hindustan Times

Companies like Walmart and even the US Police department start using VR for workforce training

Though using VR for workforce training is a six figure investment at minimum, it is still cheaper than traditional methods

The Economic Times

HUL forms panel of independent directors to evaluate prospects of ice cream biz

Hindustan Unilever Ltd's board has decided to form a panel of independent directors to evaluate the prospects of its ice cream business. This follows Unilever PLC's earlier announcement to separate its global ice cream business. The committee will make recommendations to the board, which will then consider the matter in future meetings.

The Economic Times

Solar city, VR zone become popular attractions at International Solar Festival 2024

The International Solar Festival 2024 in New Delhi showcases a solar-powered city, virtual-reality experiences, and innovative solar technologies. Highlights include a virtual flipbook of global case studies, a Solar interface, and immersive zones like Solaris. The event also features products such as solar pumps and battery-operated devices, attracting students and visitors interested in sustainable energy solutions.

Mint

Hindustan Unilever, ICICI Lombard General Insurance Company & others hit 52 week high today ; Do you own any?

Following shares hit their 52 week high today - Hindustan Unilever, ICICI Lombard General Insurance Company, Colgate Palmolive India, Bajaj Finserv, Sun Pharmaceutical Industries

The Economic Times

Unilever will probably not hold its high market share in India: CEO Hein Schumacher

Unilever's global CEO, Hein Schumacher, acknowledged that while Hindustan Unilever (HUL) leads in 85% of its categories in India, the company's high market share might not be sustainable due to shifts in consumer behavior towards premium products and modern retail channels. India, which is Unilever's second-largest market by revenue, is experiencing significant premiumization, with consumers increasingly moving from local stores to online and supermarket channels.

The Economic Times

Bombay HC grants temporary relief to HUL in case against Abbott Ads

The Bombay High Court has directed Abbott Laboratories to halt advertisements that allegedly disparage Hindustan Unilever’s Horlicks Diabetes Plus. The court found a strong prima facie case for HUL, arguing that Abbott's ads negatively portray Horlicks Diabetes Plus. A hearing is scheduled for October 7.

Mint

HC grants relief to HUL in plea against Abbott over health drink ad

Hindustan Unilever sought an injunction against Abbott for infringing and denigrating its product, Horlicks Diabetes Plus

The Economic Times

Reliance plans Rs 3.9k-cr infusion into FMCG unit to step up play

Reliance is set to inject up to ₹3,900 crore into its FMCG division, Reliance Consumer Products Ltd (RCPL), through a combination of equity and debt. This significant capital infusion aims to enhance its competitive stance against major players like Hindustan Unilever, ITC, and Coca-Cola.

Business Standard

Hindustan Unilever Ltd gains for third straight session

Hindustan Unilever Ltd is quoting at Rs 2825, up 1.1% on the day as on 12:49 IST on the NSE. The stock is up 12.68% in last one year as compared to a 28.43% jump in NIFTY and a 23.15% jump in the Nifty FMCG index.

Business Line

Share Market Highlights 4 September 2024: Markets close mixed as Nifty touches new high amid sector rotations

Sensex, Nifty updates on 4 September 2024: Indian stock markets ended Wednesday’s session with mixed results, as the Nifty 50 index briefly touched a new all-time high before retreating due to profit-taking in the final hour. The BSE Sensex closed down 202.80 points or 0.25 per cent at 82,352.64, while the Nifty 50 fell 81.15 points or 0.32 per cent to 25,198.70, breaking a 14-day winning streak. The day’s trading was characterized by volatility, with the Nifty opening lower at 25,089.95 but recovering throughout the session. Sector-wise performance was mixed, with pharma, realty, and FMCG sectors seeing gains, while IT and metal sectors faced profit-taking. Srikant Chouhan, Head of Equity Research at Kotak Securities, commented on the market’s performance, saying, “Today, on the backdrop of weak global sentiment benchmark indices witnessed profit booking at higher levels... Technically, post gap down opening market registered a pullback rally. From the day, lowest point market recover over 130/550 points.” Among the top gainers on the NSE were Asian Paints (2.50 per cent), Grasim (1.91 per cent), Hindustan Unilever (1.71 per cent), Ultratech (1.23 per cent), and Sun Pharma (1.19 per cent). The top losers included Wipro (-3.06 per cent), Coal India (-2.81 per cent), ONGC (-2.27 per cent), Hindalco (-1.90 per cent), and LTIMindtree (-1.15 per cent).

Mint

PVR INOX to close 70 non-performing screens in India

PVR INOX will close 70 non-performing screens and will open 120 new screens in FY25. 

The Economic Times

PVR INOX to close 70 non-performing screens in FY25, plans monetisation of real estate assets

PVR INOX plans to close 70 non-performing screens in FY25 while adding 120 new ones, focusing on South India. The company aims to adopt a capital-light growth model and potentially monetize non-core real estate assets to become net-debt free. Revenue strategies include increasing footfalls and optimizing costs.

Mint

Market cap of eight out of top 10 companies gains; Bharti Airtel, Infosys, TCS leads, ITC, Hindustan Unilever decline

India's top companies saw a significant surge in their market valuations last week, driven by a strong rally in the equity markets. Eight out of the top ten most valuable firms experienced growth, with Bharti Airtel, Infosys, and TCS leading the way.

Business Line

PVR INOX to close 70 non-performing screens in FY25 amid strategic shift

On the other hand, the company will add 120 new screens in FY25

Business Standard

PVR INOX to close 70 non-performing screens in FY25 in Mumbai, Vadodara

Leading multiplex operator PVR INOX plans to close 70 non-performing screens in FY25 and will go for potential monetisation of non-core real estate assets in prime locations such as Mumbai, Pune, and Vadodara, according to its latest annual report. Though the company will add 120 new screens in FY25, it will also close almost 6070 non-performing screens, as it chases for profitable growth. About 40 per cent of new screens addition will come from South India, where it will have a "strategic focus" on this lesser penetrated region as per its medium to long-term strategy. Moreover, PVR INOX is redefining its growth strategy by transitioning towards a capital-light growth model to reduce its capex on new screens addition by 25 to 30 per cent in the current fiscal. Now, PVR INOX will partner with developers to jointly invest in new screen capex by shifting towards a franchise-owned and company-operated (FOCO) model. It is also evaluating monetisation of owned real estate assets, as the

Business Line

Sensex, Nifty hit new highs; Bajaj twins lead gains

Bajaj Finance, Bajaj Finserv, ITC, HCL Tech, and Hindustan Unilever top gainers on Sensex

The Economic Times

Stock market update: Stocks that hit 52-week highs on NSE in today's trade

Tokyo Plast Int, Bhageria Industries, Kronox Lab Sciences, Avro India and NBCC , hit their fresh 52-week highs during the day.

The Economic Times

Eicher Motors, PVR INOX among 5 stocks with short covering

Short covering happens when traders buy back shares they previously sold short, often due to a shift in market sentiment or new information.

The Economic Times

HUL gets Rs 963 cr Income Tax demand notice

Hindustan Unilever Limited (HUL) has received a Rs 962.75 crore tax demand from the Income Tax Department related to non-deduction of TDS on a Rs 3,045 crore payment made for acquiring intellectual property rights from GlaxoSmithKline Consumer Healthcare (GSKCH). The demand includes Rs 329.33 crore in interest.

Business Line

Stocks that will see action today: August 28, 2024

Buzzing stocks: Jio Financial, Yes Bank, Rana Sugars, India Grid Trust, Hindustan Unilever, ICICI prudential Life, NBCC, UPL Corp, Wipro, Zydus Life, SBI Cards, Godrej Agrovet, Aavas Financiers

Business Standard

Hindustan Unilever gets tax notice of Rs 962.75 cr over Rs 3k cr GSK deal

HUL has said that it has an 'indemnification right' to recover the demand raised by the Income Tax department

The Economic Times

HUL slapped with Rs 962 crore tax notice over TDS dispute in Rs 3,045 crore GlaxoSmithKline deal

Hindustan Unilever has received a tax demand of Rs 962.75 crore from the Income Tax Department over non-deduction of TDS for acquiring intellectual property rights from GlaxoSmithKline. The company intends to appeal the order and claims it has a right to recover the tax from relevant parties.

Mint

Trent, Hindustan Unilever & others hit 52 week high today ; Do you own any?

Following shares hit their 52 week high today - Trent, Hindustan Unilever, Coal India, Bajaj Auto, Interglobe Aviation