NEW DELHI: Shares of FMCG major Hindustan Unilever Limited (HUL) were trading on a positive note ahead of its earnings announcements today. The company is going to announce its March quarter earnings report on Thursday, April 30, 2020.
At 11:41 am on April 30, the shares of the company traded at Rs 2,199, down Rs 32.75 or 1.47 per cent. The stock opened at Rs 2,272 and touched an intraday high and low of Rs 2,272 and Rs 2,187.35, respectively, in the session so far.
As per market experts, the company may report strong growth in profit in Q4 earnings report but volumes may be under pressure due to lockdown and the global Covid-19 pandemic.
Here are key things to watch out for in HUL's quarterly results:
- Impact of Covid-19 on product demand and sales volume
- Growth and demand in the rural market
- Management commentary on margin outlook
- Announcements related to premiumisation and new launches