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Investments in “Bluechip” stocks are considered to be safe investments since they are well-established and have performed well in the past. Such stocks also have a strong and consistent dividend payout history.
Listed below is one such Bluechip stock that one could add to their watchlist for a potential upside of more than 30 percent:
Hindustan Unilever Limited
With a market capitalization of Rs 5.25 lakh crores, the stocks of Hindustan Unilever Limited (HUL)…
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The Indian stock market closed in the bearish on Friday, April 26th, with the benchmark indices Nifty 50 and BSE Sensex witnessing declines. The Nifty 50 settled at 22,419.95, down 150 points or 0.67%, while the Sensex closed at 73,730.16, shedding 609 points or 0.82%.
The Nifty’s day range fluctuated between 22,385.55 and 22,620.40, while the Sensex traded within a range of 73,616.65 to 74,515.91 over the course of the day.
BSE Sensex Share Price (Investing.com)
Some of the…
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Hindustan Unilever managing director Rohit Jawa said he is neither satisfied with the company’s volume growth nor has the company lost its pricing power as the consumer bellwether shifts focus on investing disproportionately on bigger and more premium brands.”We don’t want volume to be just 2% and want to see it grow – that is our focus. We are not going to wait for the macros to improve, but we’ll go where the growth is and work actively towards that,” Jawa told ET, adding that tailwinds…
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SynopsisA key question to ask about HUL’s performance over these last few quarters pertains to its pricing muscle. 4 mins read, Apr 29, 2024, 01:34:34 PM ISTHistorically, Hindustan Unilever (HUL) has dictated price-points for most of the categories it operated in. Competition – Godrej in soaps and Procter & Gamble in shampoo and laundry – always waited for HUL to make the first move before following with a price-cut or a hike. That pricing power came from controlling nearly half the soap,…
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Nestlé’s baby food brand Cerelac has found itself in the eye of a storm with a Swiss investigative organisation saying it contained high levels of added sugar in the products sold in India and other developing markets. As samples from the brand tested in European markets found no added sugar, Nestlé had to field uncomfortable questions about the disparity in product quality in different markets.
Its spokesperson said that the company has reduced added sugar by 30% over the last five…
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Source: https://www.financialexpress.com/business/brandwagon-sugarcoating-no-more-3471045/lite/
NEW DELHI: Hindustan Unilever Limited (HUL) announced a key change in its management committee. BP Biddappa will join the HUL management committee as executive director, human resources and chief people, transformation and sustainability officer for South Asia. Biddappa will also join the HUL board as a whole time director, subject to shareholder approval, says a company statement.In this role, he will lead the people agenda for South Asia as well as drive the transformation interventions…
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The yearly results for Hindustan Unilever Limited (NSE:HINDUNILVR) were released last week, making it a good time to revisit its performance. It was a credible result overall, with revenues of ₹619b and statutory earnings per share of ₹43.74 both in line with analyst estimates, showing that Hindustan Unilever is executing in line with expectations. This is an important time for investors, as they can track a company’s performance in its report, look at what experts are…
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BP Biddappa to join as Exec Director, HR and Chief People, Transformation and Sustainability Officer-South Asia; Anuradha Razdan to move to global role as Chief Reward & Organization Devpt Officer
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3:44 PMTech View :: Key levels to watch on Nifty, Bank Nifty
Nifty50
The hourly momentum indicator has triggered a positive crossover which is a buy signal and, thus, we expect the positive momentum to continue over the next few trading sessions. On the upside, the next immediate hurdle is placed at 22,776. The stop-loss for long positions should be trailed at 22,430 levels which is the 20 hour moving average.
Nifty Bank
Going ahead, we expect the momentum to continue and minor…
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Cheaper soaps and fabric washers dented Unilever’s top-line growth in the skin cleansing and home care segment in India, its leadership said on Thursday while explaining the fallout of giving buyers input-deflation benefits. India, the second biggest market for Unilever, expanded 0.7% with low single-digit volume growth partially offset by price cuts, Unilever said.”Skin cleansing was flat with a small increase in price, offset by the decline in volume. In Asia, we saw the impact of…
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