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HUL falls 2% ahead of Q4 earnings
Shares in Hindustan Unilever , India's largest consumer goods maker, fell 1.6 percent ahead of the company's quarterly earnings later in the day.
Shares in Hindustan Unilever , India's largest consumer goods maker, fell 1.6 percent ahead of the company's quarterly earnings later in the day.
Dealers said expectations are that the company's volumes would dip for the fourth straight quarter.
[caption id="attachment_736747" align="alignleft" width="380"]
Analysts expect HUL's Jan-March volume growth to range from 5 percent to 5.5 percent. AFP[/caption]
Analysts expect HUL's Jan-March volume growth to range from 5 percent to 5.5 percent.
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The company took price cuts in the previous quarter due to increasing competition and a slowdown in consumer spending, said dealers.
Reuters
First Published:Apr 29, 2013, 12:52:29 IST
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