News for 'Unilever'

Nifty's 2nd Worst Losing Streak in 30 Years

Nifty's 2nd Worst Losing Streak in 30 Years

Rediff.com27 Feb 2025

The index could be vulnerable to a bigger fall given the present market dynamics.

Sensex drops 111 points on FII selling, high inflation

Sensex drops 111 points on FII selling, high inflation

Rediff.com14 Nov 2024

From the 30-share Sensex pack, Hindustan Unilever, NTPC, Nestle, IndusInd Bank, Power Grid, Adani Ports, Tata Motors and Bajaj Finserv were the major laggards. Reliance Industries, Kotak Mahindra Bank, Tech Mahindra, Mahindra & Mahindra and HDFC Bank were among the gainers.

Rural demand lifts FMCG sector to 5.7% growth in July-Sept: NielsenIQ

Rural demand lifts FMCG sector to 5.7% growth in July-Sept: NielsenIQ

Rediff.com8 Nov 2024

India's fast-moving consumer goods (FMCG) sector grew 5.7 per cent by value and 4.1 per cent by volume in the July-September quarter driven by rural demand, consumer intelligence firm NielsenIQ said in its quarterly update on Thursday. Price-led growth stood at 1.5 per cent. According to NielsenIQ data, rural volume growth outpaced urban markets for the third straight quarter despite consumption softening in both regions.

Why Hindustan Unilever may cut jobs

Why Hindustan Unilever may cut jobs

Rediff.com28 Apr 2017

The company plans to overhaul business and rationalise costs in a bid to reach parent Unilever's new profit targets, reports Viveat Susan Pinto.

Sensex jumps 603 points; ICICI Bank climbs 3%

Sensex jumps 603 points; ICICI Bank climbs 3%

Rediff.com28 Oct 2024

From the 30 Sensex pack, ICICI Bank climbed 3 per cent after the private sector lender posted a 14.5 per cent growth in standalone profit to Rs 11,746 crore for the second quarter ended September 2024. JSW Steel, Mahindra & Mahindra, Adani Ports, Tata Steel, Sun Pharma, Hindustan Unilever, Tata Motors and State Bank of India were the other big gainers from the pack.

Investors richer by Rs 10.47 lakh cr in two days

Investors richer by Rs 10.47 lakh cr in two days

Rediff.com6 Nov 2024

Stock investors have become richer by Rs 10.47 lakh crore in two straight days of gains in markets as benchmark Sensex jumped 2 per cent. At close on Wednesday, the market capitalisation of BSE-listed companies surged by Rs 10,47,565.48 crore to Rs 4,52,58,633.53 crore ($5.37 trillion) in two days of gains. "The feel good factor of Trump's win in the US election had a rub-off effect on world equity markets, including local indices as domestic investors resorted to value buying, especially in IT stocks, which pushed the benchmark Sensex above the 80k mark.

FPI selling spree, IT stocks dampen investor sentiment

FPI selling spree, IT stocks dampen investor sentiment

Rediff.com18 Nov 2024

From the 30-share Sensex pack, Tata Consultancy Services, Infosys, NTPC, HCL Technologies, Axis Bank, Tech Mahindra, Bajaj Finserv, Sun Pharma, IndusInd Bank and Reliance Industries were the major laggards. Tata Steel, Hindustan Unilever, Mahindra & Mahindra, Nestle and State Bank of India were among the gainers.

Markets cheer Trump's triumph; Sensex soars 901 points

Markets cheer Trump's triumph; Sensex soars 901 points

Rediff.com6 Nov 2024

From the 30-share Sensex pack, Tata Consultancy Services and Infosys jumped over 4 per cent each. HCL Technologies, Tech Mahindra, Adani Ports, Larsen & Toubro, Maruti and Reliance Industries were also among big gainers. Titan, IndusInd Bank, Hindustan Unilever, Axis Bank and HDFC Bank were the laggards.

Demand woes likely to keep a lid on HUL stock in near term

Demand woes likely to keep a lid on HUL stock in near term

Rediff.com24 Jan 2025

The October-December quarter (Q3FY25) results of fast moving consumer goods (FMCG) major Hindustan Unilever (HUL) indicated weak demand, with urban growth muted and rural showing recovery. Consolidated revenue grew by 1.6 per cent (volume was flat) to Rs 15,818 crore, due to price hikes. Prices of key raw materials such as palm oil and tea remained elevated, leading to compression of gross margin.

Sensex tanks 663 points; IndusInd Bank plunged over 18%

Sensex tanks 663 points; IndusInd Bank plunged over 18%

Rediff.com25 Oct 2024

From the 30 Sensex pack, IndusInd Bank plunged over 18.50 per cent after the firm reported a 40 per cent decline in September quarter net profit at Rs 1,331 crore, pulled down by concerns over its asset quality. Mahindra & Mahindra, Larsen & Toubro, NTPC, Adani Ports, Tata Steel, Maruti, Bajaj Finance and Titan were also among the laggards.

Sensex falls 230 points as investors turned cautious

Sensex falls 230 points as investors turned cautious

Rediff.com11 Oct 2024

From the Sensex pack, Tata Consultancy Services, Mahindra & Mahindra, ICICI Bank, Maruti Suzuki India, Power Grid, Axis Bank and Adani Ports & Special Economic Zones were among the laggards. On the other hand, HCL Technologies, Tech Mahindra, JSW Steel, Hindustan Unilever, Infosys and Titan were among the gainers.

Investors lose Rs 7.15 lakh cr as markets slump

Investors lose Rs 7.15 lakh cr as markets slump

Rediff.com25 Oct 2024

Investors' wealth eroded by a whopping Rs 7.15 lakh crore during the morning trade on Friday as equity markets tumbled, driven by sharp fall in IndusInd Bank shares and unabated foreign fund outflows. The BSE Sensex tanked 708.69 points to 79,356.47 and the NSE Nifty plunged 286.35 points to 24,113.05. Tracking the weak trend in equities, the market capitalisation of BSE-listed firms tumbled Rs 715,739.19 crore to Rs 4,36,63,565.73 crore ($5.19 trillion) during the morning trade.

Why brokerages have revised their target prices for DMart

Why brokerages have revised their target prices for DMart

Rediff.com14 Jan 2025

Brokerages on DMart Q3 results: Avenue Supermarts (DMart) shares slipped as much as 5.74 per cent to hit an intraday low of Rs 3,474 per share on Monday. However, the stock recovered slightly to close at Rs 3,507.95, down 4.82 per cent. Notably, the 52-week low for DMart shares is Rs 3,400. The downward movement in DMart's share price was triggered by the company's 2024-25 (FY25) October-December quarter (Q3) results, which missed Street expectations.

Sensex falls 385 points amid weak global trends

Sensex falls 385 points amid weak global trends

Rediff.com16 Dec 2024

From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards.

Unilever steps up its India game

Unilever steps up its India game

Rediff.com17 Jul 2013

Unilever CEO Paul Polman appears to have achieved what he set out to do -- partake of India's growth story.

Sensex, Nifty pare gains; end in red

Sensex, Nifty pare gains; end in red

Rediff.com21 Oct 2024

Bajaj Finserv, IndusInd Bank, Adani Ports, UltraTech Cement, Bajaj Finance, Tata Consultancy Services, Infosys, Bharti Airtel, Hindustan Unilever and JSW Steel were the other big laggards.

Markets recovery makes investors richer by Rs 4.21 lakh cr

Markets recovery makes investors richer by Rs 4.21 lakh cr

Rediff.com28 Oct 2024

Investors' wealth on Monday surged Rs 4.21 lakh crore as markets bounced back after five days of fall. The BSE Sensex jumped 602.75 points or 0.76 per cent to settle at 80,005.04. During the day, it surged 1,137.52 points or 1.43 per cent to 80,539.81.

Markets bounce back; Sensex climbs 218 points

Markets bounce back; Sensex climbs 218 points

Rediff.com18 Oct 2024

ICICI Bank, Tata Motors, Tata Steel, NTPC, JSW Steel, State Bank of India and Adani Ports were the other big gainers. Asian Paints, Nestle, Tech Mahindra, HCL Technologies, Hindustan Unilever, Infosys and ITC were the other big laggards.

Sensex down 398 points on heavy selling in index majors Tata Motors, Reliance

Sensex down 398 points on heavy selling in index majors Tata Motors, Reliance

Rediff.com11 Sep 2024

Among the 30 Sensex firms, Tata Motors was the biggest loser, tumbling nearly 6 per cent, followed by NTPC, Adani Ports, Larsen & Toubro, State Bank of India, JSW Steel, Mahindra & Mahindra, IndusInd Bank and Titan. In contrast, Asian Paints, Bajaj Finance, Hindustan Unilever and Bajaj Finserv were among the gainers.

Unilever sharpens focus on emerging markets

Unilever sharpens focus on emerging markets

Rediff.com23 Nov 2012

Company plans to tap 75 per cent of revenues from emerging markets, from the current 53 per cent.

Kodaikanal issue: Unilever promises to take action

Kodaikanal issue: Unilever promises to take action

Rediff.com7 Aug 2015

Unilever said it was "working actively" to find a solution to a long-pending dispute on ecology contamination by its unit at Kodaikanal.

Unilever may up HUL stake

Unilever may up HUL stake

Rediff.com21 Jul 2007

The board of HUL, India's largest consumer goods company, will meet on July 29 to consider the proposal.

Unilever to expand IT centre in Bengaluru

Unilever to expand IT centre in Bengaluru

Rediff.com23 Nov 2012

Functional since May, the centre employs 1,400. Unilever's chief executive, Paul Polman, formally inaugurated it on Thursday.

Rupee fall gives Unilever $400-mn smile

Rupee fall gives Unilever $400-mn smile

Rediff.com6 Jul 2013

MNC required to bring in only 10% of issue value upfront during buyback; domestic currency lost 12% since offer was announced

Oil & gas, FMCG shares drag markets down

Oil & gas, FMCG shares drag markets down

Rediff.com1 Oct 2024

From the 30 Sensex firms, IndusInd Bank, Asian Paints, Hindustan Unilever, Tata Motors, Tata Steel, Titan, Reliance Industries and NTPC were among the major laggards. Tech Mahindra, Mahindra & Mahindra, Kotak Mahindra Bank, Infosys, HCL Technologies and State Bank of India were among the major gainers.

2025: Top 10 Stocks To Watch Out

2025: Top 10 Stocks To Watch Out

Rediff.com2 Jan 2025

These 10 stocks represent the best mix of value and growth, offering relatively low price-to-earnings and price-to-book ratios, a high return on equity, and sufficiently high potential from current levels.

Amazon India Head Quits

Amazon India Head Quits

Rediff.com7 Aug 2024

Manish Tiwary plans to take up a new role at another firm.

HUL surges to record high; Unilever raises stake

HUL surges to record high; Unilever raises stake

Rediff.com5 Jul 2013

Hindustan Unilever shares were up 3.7 per cent at 9.24 am after earlier hitting an all-time high of Rs 632.

Markets turn topsy-turvy; Sensex, Nifty slump nearly 1%

Markets turn topsy-turvy; Sensex, Nifty slump nearly 1%

Rediff.com4 Oct 2024

From the 30 Sensex firms, Mahindra & Mahindra, Bajaj Finance, Asian Paints, Nestle, Bharti Airtel, UltraTech Cement, Hindustan Unilever, ITC, and HDFC Bank were the major laggards. In contrast, Infosys, Tech Mahindra, Tata Motors, Axis Bank, Tata Consultancy Services and State Bank of India were among the gainers.

Sensex only a whisker away from hitting 85,000

Sensex only a whisker away from hitting 85,000

Rediff.com23 Sep 2024

From the 30 Sensex firms, Mahindra & Mahindra, State Bank of India, Bharti Airtel, Hindustan Unilever, Kotak Mahindra Bank, UltraTech Cement, Adani Ports, and Tata Steel were the biggest gainers. ICICI Bank, IndusInd Bank, Asian Paints, Tech Mahindra, Infosys, HCL Technologies, Tata Consultancy Services, and Larsen & Toubro were among the laggards.

Sensex rebounds 376 pts, Nifty closes above 24,900

Sensex rebounds 376 pts, Nifty closes above 24,900

Rediff.com9 Sep 2024

Benchmark Sensex bounced back from early lows and closed higher by nearly 376 points on Monday, snapping its four-day losing run following a rally in blue-chips ICICI Bank, HUL and HDFC Bank. The 30-share BSE Sensex rebounded 375.61 points or 0.46 per cent to settle at 81,559.54. The index opened lower and hit a low of 80,895.05 points in early trade.

Hindustan Unilever cuts prices of soaps, detergents after 2 years of hikes

Hindustan Unilever cuts prices of soaps, detergents after 2 years of hikes

Rediff.com8 Oct 2022

Hindustan Unilever (HUL), one of the country's largest fast-moving consumer goods (FMCG) players, is learnt to have cut prices of its leading soaps and detergents this month by 2-19 per cent, according to the company's distributors. The cuts come after consistent price increases by the company as well as its peers, following the sharp rise in raw material prices in the past several months. It is only recently that prices of raw materials have started to correct from peak levels in the June quarter.

Sensex, Nifty settle lower in volatile trade

Sensex, Nifty settle lower in volatile trade

Rediff.com13 Sep 2024

Adani Ports was the biggest loser in the Sensex pack, declining 1.37 per cent, followed by ITC, Bharti Airtel, NTPC, Maruti, Asian Paints, Sun Pharma, Power Grid, Hindustan Unilever and Larsen & Toubro. In contrast, Bajaj Finserv, Bajaj Finance, IndusInd Bank, Tata Steel, Axis Bank and Tech Mahindra were among the gainers.

Hindustan Unilever Q2 profit misses estimates

Hindustan Unilever Q2 profit misses estimates

Rediff.com14 Oct 2015

Analysts on average were expecting a profit of Rs 1,043 crore or Rs 10.43 billion, according to Thomson Reuters data.

Sensex, Nifty hit fresh record closing high levels on rate cut hopes

Sensex, Nifty hit fresh record closing high levels on rate cut hopes

Rediff.com17 Sep 2024

Benchmark Sensex rose by nearly 91 points to close at a fresh lifetime high while Nifty settled above the 25,400 level for the first time supported by firm global trends ahead of the much-awaited US Fed's decision on interest rates. Extending its record-setting spree for the second day, the 30-share BSE Sensex climbed 90.88 points or 0.11 per cent to settle at a lifetime high of 83,079.66. During the day, it rose by 163.63 points or 0.19 per cent to 83,152.41.

Sensex climbs 98 points to hit lifetime high

Sensex climbs 98 points to hit lifetime high

Rediff.com16 Sep 2024

NTPC was the biggest gainer on the Sensex chart, rising 2.44 per cent, followed by JSW Steel, Larsen & Toubro, ICICI Bank, Axis Bank, Nestle, Mahindra & Mahindra and Tata Steel. Bajaj Finance declined over 3 per cent. Hindustan Unilever, Bajaj Finserv, Adani Port and Asian Paints were the other laggards.

How Hindustan Unilever plans to fight toxic ads

How Hindustan Unilever plans to fight toxic ads

Rediff.com7 Apr 2019

By toxic, the reference is to material that whips up hatred, is discriminatory in nature and has explicit sexual and pornographic content.

How the markets will fare this week

How the markets will fare this week

Rediff.com20 Oct 2024

Quarterly earnings from corporates, global trends, and trading activity of foreign investors will guide market sentiment this week, analysts said, adding that benchmark indices may face volatile trends. "The upcoming release of Q2 results will be closely watched, providing insights into corporate performance. "Meanwhile, the escalating tensions between Israel and Iran introduce a significant geopolitical risk, potentially leading to increased oil prices and market volatility.

What is going to be the main focus for HUL?

What is going to be the main focus for HUL?

Rediff.com19 May 2024

'Although currently, urban areas contribute more to growth than rural, there is no reason why rural areas should not contribute.'

Urban demand stress under watch, festivals may boost consumption: FinMin

Urban demand stress under watch, festivals may boost consumption: FinMin

Rediff.com29 Oct 2024

Days before Diwali, the monthly economic review by the finance ministry has highlighted moderation in urban demand, softening consumer sentiments and limited footfall as areas that need to be watched. In its review, released on Monday, the ministry also noted the early signs of artificial intelligence displacing workers, as described in anecdotal reports. The commentary from several large consumer goods companies, including Nestl India, Hindustan Unilever, and ITC, in their recent quarterly earnings, has been around a sluggish urban demand. Rural consumption, however, has mostly seen a revival, the companies pointed out.