HUL - Demand For Essentials Unscathed, But Discretionaries Impacted: Motilal Oswal

Packets of Hindustan Unilever Ltd. Surf Excel Easy Wash detergent powder at a store in Mumbai, India.  (Photographer: Dhiraj Singh/Bloomberg)

HUL - Demand For Essentials Unscathed, But Discretionaries Impacted: Motilal Oswal

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:

  • With various parts of India progressively opening up, the management believes the impact from the second Covid-19 wave would have peaked in May 2021 and things will progressively get better.

  • The outlook from June 2021 onwards is positive, barring the emergence of a third Covid wave.

  • The increase in store operating hours is also a positive development.

  • Rural continues to do better than urban, despite experiencing a higher impact from the pandemic in Q1 FY22 versus last year.

Click on the attachment to read the full report:

Motilal Oswal HUL Company Update.pdf

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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.

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