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This Article is From Mar 18, 2021

HUL’s Discretionary Demand Recovers On Positive Metro Sales: Motilal Oswal 

HUL’s Discretionary Demand Recovers On Positive Metro Sales: Motilal Oswal 
Kissan brand jams, made by Hindustan Unilever (Photographer: Prashanth Vishwanathan/Bloomberg News)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

We interacted with the management of Hindustan Unilever Ltd. for an update on overall market conditions. Here are the key takeaways -

The overall fast moving consumer goods sector is seeing steady revival.

Urban growth, led by smaller urban centers, has been positive in recent months. Since January 2021, metro and modern trade sales have been positive.

The good winter season demand seen in November and December continued into January and February.

Given 9% decline in overall sales in Q4 FY20, all of the categories are likely to report strong growth, especially with the addition of GlaxoSmithKline Consumer Healthcare Ltd.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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