November 22, 2024

consumer goods

HUL’s demand woe is a sticky issue

HUL’s demand woe is a sticky issue

TheSpuzz Desk06 mins

Source: Live Mint India’s largest household goods company Hindustan Unilever Ltd’s (HUL) struggle with muted volume growth is turning into a persistent concern. In the September quarter (Q2FY25), underlying volume growth stood at 3%, missing analysts’ expectation of 5%—hinting that India’s much-touted consumption story may be losing momentum.  Weak demand, coupled with persistent food and…

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Dabur’s September-quarter update pours cold water on market hopes

Dabur’s September-quarter update pours cold water on market hopes

TheSpuzz Desk07 mins

Source: Live Mint For ayurveda-based consumer goods giant Dabur India Ltd, the just-concluded September quarter was a washout. While demand saw some improvement, adverse weather conditions, including heavy rainfall and floods, hurt out-of-home consumption, especially for beverages, Dabur said in a business update. In reaction, the stock fell by nearly 7% in afternoon trade on…

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