Hindustan Unilever HUL ITC

India's personal-care sector is estimated to become a $33 billion market by 2027 from $20 billion in 2022, according to Redseer Management Consulting Pvt

FMCG industry is witnessing a gradual volume growth led by urban market with rural also turning positive in the first quarter of the fiscal after witnessing an over double-digit decline in the past, Hindustan Unilever Ltd CFO Ritesh Tiwari said on Thursday. Commodities prices have remained stable and inflation continues to moderate thereby leading to resurgence of small and regional players many of whom had vacated the market during peak of inflation, he said during an earnings call. "With most commodities remaining stable in the quarter, inflation continues to moderate. Consequently, we are seeing a gradual recovery in market volume growth. FMCG market volumes grew in mid single digit led by urban," Tiwari said. He further said, "Rural market volumes which at one point in time were declining in double digits have just been positive in this quarter." However, these growths have come on the back of decline in volumes in the past. "If you look at market growth on a two-year CAGR bas

Brokerages expect sales and earnings to grow faster than peers

Nifty FMCG index, the second largest gainer among sectoral indices, was up 3.6 per cent, as compared to 1.4 per cent rise in the benchmark Nifty 50 index

HUL with Rs 3,424 billion market-cap overtook ITC, which have market-cap of Rs 3,415 billion at 02:59 pm; the BSE data shows.