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

HUL’s Discretionary Demand Recovers On Positive Metro Sales: 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 -

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:

Motilal Oswal HUL Company Update.pdf

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