NEW DELHI: Shares of Hindustan Unilever HUL ) fell 1 per cent in Friday’s trade ahead of the FMCG firm’s fourth quarter results. This would mean a 156 bps growth over December quarter’s 21.9 per cent.During the quarter, the maker of detergents and soaps raised prices by 1-2 per cent for a few products. Edelweiss Securities projects growth in revenue, Ebitda and profit at 7 per cent, 13 per cent and 18 per cent, respectively.“We expect HUL to record a 6 per cent YoY volume growth on a high base of 11 per cent growth. The rural segment, though, continues to grow faster than the urban market, but the differential in growth rate has come off. We estimate 80 bps YoY Ebitda margin expansion,” Edelweiss Securities said in a note.

Source: Economic Times May 03, 2019 05:15 UTC