Hindustan Unilever Ltd (HUL) has seen its share price climb nearly 2% in anticipation of its upcoming Q4 earnings report. Scheduled for release on Thursday, April 24, 2025, the financial results will cover the March Quarter and the Fiscal Year. HUL’s management is set to host a teleconference and webcast at 16:00 IST, providing investors with insights into the company’s performance.
HUL Share Price Movements
Starting the day at ₹2,422.15, matching its previous close, HUL’s shares quickly rose by 1.8%, hitting a peak of ₹2,465 during intraday trading. By 9:35 IST, the stock was trading at ₹2,444.35, reflecting a 0.92% increase. In contrast, the benchmark Sensex index dipped 0.10%, settling at 80,036 during the same timeframe.
- Current share price: ₹2,444.35
- Previous close: ₹2,422.15
- Intraday high: ₹2,465
- Sensex performance: Down 0.10%
This marks the second consecutive day of upward momentum for HUL, which finished 0.96% higher on the BSE on Wednesday. The stock has surged over 7% in April, following a 3% increase in March.
Expert Insights on HUL’s Performance
According to Anshul Jain, Head of Research at Lakshmishree Investments, HUL’s share price experienced a significant 28.83% correction over the past 23 weeks, forming a 6-week rectangle pattern before breaking out around the ₹2,300 mark. Jain notes that the stock is now approaching the 50% retracement level of its previous decline, positioned at ₹2,571. This pattern, coupled with increased institutional trading volumes, suggests strong accumulation and a promising outlook for continued gains.
What to Expect in Q4
Looking ahead, HUL has faced challenges with volume growth in recent quarters. Analysts are bracing for another lackluster earnings report, primarily due to rising commodity prices, subdued urban demand, and heightened competition within the sector.
- Predicted volume growth: Flat to low single digits
- Competitive landscape: Expected to lag behind peers in the FMCG sector
Jefferies analysts foresee stagnant volume growth for HUL, positioning it as one of the weakest performers among its FMCG rivals. As investors await the Q4 results, the consensus remains cautious, with many experts highlighting the potential for continued struggles in the consumer goods market.
Stay informed about HUL’s performance and the FMCG sector by following the latest updates and analysis.