Previous Close | 2,485.10 |
Open | 2,472.20 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 2,470.00 - 2,497.90 |
52 Week Range | 1,931.30 - 2,741.60 |
Volume | |
Avg. Volume | 1,431,492 |
Market Cap | 5.839T |
Beta (5Y Monthly) | 0.04 |
PE Ratio (TTM) | 60.24 |
EPS (TTM) | 41.18 |
Earnings Date | Apr 25, 2023 - Apr 29, 2023 |
Forward Dividend & Yield | 36.00 (1.43%) |
Ex-Dividend Date | Nov 01, 2022 |
1y Target Est | N/A |
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Indian consumer goods conglomerate Hindustan Unilever Ltd named Rohit Jawa as its managing director and chief executive officer on Friday, succeeding Sanjiv Mehta, who is retiring after spending nearly 10 years at the company's helm. Jawa, currently chief of transformation for Unilever, will take charge as MD and CEO from June 27, Unilever's Indian unit said in an exchange filing. The 56-year-old, who joined Hindustan Unilever as a management trainee in 1988, takes over the maker of Dove soaps and Sunsilk shampoos at a time when consumer companies are facing inflationary challenges that have hurt their margins.
Unilever racked up strong sales growth in India last year on the back of sharp prices increases thanks to its dominant market position and pent up demand among middle-class shoppers. But industry experts said the British multinational should take care not to alienate poorer rural consumers - which some analysts estimate account for nearly half its revenues in India - after some signs they reined in spending last year as higher inflation took its toll. The nation of 1.4 billion is one of Unilever's three priority markets, alongside the United States and China.
Unilever racked up strong sales growth in India last year on the back of sharp prices increases thanks to its dominant market position and pent up demand among middle-class shoppers. But industry experts said the British multinational should take care not to alienate poorer rural consumers - which some analysts estimate account for nearly half its revenues in India - after some signs they reined in spending last year as higher inflation took its toll. The nation of 1.4 billion is one of Unilever's three priority markets, alongside the United States and China.