Hindustan Unilever faces challenges as its growth slows. Traditional brands like Horlicks and Lux are seeing reduced demand. New-age competitors are gaining ground in beauty and personal care. Home care remains a strong segment. HUL is implementing strategies for volume recovery and sharper segmentation. Investors anticipate steady growth rather than rapid returns.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs