HUL Q3 Review - Innovations Led Growth Ahead: Prabhudas Lilladher 
Women walk by bottles of Hindustan Unilever Ltd. Dove and Lux deodorant displayed at a store in Mumbai, India, on Saturday, April 27, 2013. Consumer goods maker Hiindustan Unilever is scheduled to report earnings today. Photographer: Kuni Takahashi/Bloomberg

HUL Q3 Review - Innovations Led Growth Ahead: Prabhudas Lilladher 

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.

Prabhudas Lilladher Report

We remain constructive on Hindustan Unilever Ltd. post Q3 Concall given improving growth outlook led by -

  1. Robust growth across health, nutrition and personal care,
  2. Increasing distribution reach,
  3. Strong portfolio of new products in hygiene, nutrition and personal care
  4. Restoration of supply chain
  5. Higher share in distribution platforms of future (modern trade and e-com) and
  6. Synergy benefits from GlaxoSmithKline Consumer Healthcare Ltd. merger.

We expect steady built up in growth momentum led by an increase in demand for discretionary, out of home and nutrition.

Click on the attachment to read the full report:

Prabhudas Lilladher HUL Q3FY21 Result Update.pdf

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