Hindustan Unilever (HUL) is expected to report muted numbers for the second quarter of the financial year 2020 (Q2FY20) due later in the day. The results come at a time when the consumer goods sector has been struggling against low growth for the past two quarters, primarily owing to the consumption slowdown in rural India. Going by the analysts' view, this trend is likely to continue.
“After eight quarters of continued outperformance, rural growth slipped below urban growth for several consumer staple companies in Q2FY20. Additionally, the on-going liquidity concerns, succession of drought and floods during the monsoon season in