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Should long-term investors eye HUL stock post Q4 results? HUL has managed to revive the growth in Horlicks and Boost by investing in the brands at a time when nutrition and hygiene aspects have become very relevant due to the pandemic. Synopsis The company’s domestic consumer business expanded 21% with underlying volume growth of 16% (volumes had declined 7% in the same quarter last year on account of the nationwide lockdown). ET Intelligence Group: FMCG bellwether Hindustan Unilever posted a strong March quarter performance with the low base effect helping record exceptional growth in net sales and net profit of 35% and 41%, respectively. ....
Puneet Das elevated as the new president of Tata’s packaged beverages for India and South Asia SECTIONS Puneet Das elevated as the new president of Tata’s packaged beverages for India and South AsiaBy Share Synopsis Prior to this promotion, Puneet Das was senior vice president - marketing for the India beverages business. Das has been with TCP since 2017 and handled Tata Tea brand, the world’s second largest tea company. He also formulated the marketing strategy for Tata Coffee Grand. Agencies In the new role, Das will head Tata’s key beverage brands including Tata Tea, Tetley, Tata Coffee Grand, Himalayan Natural Mineral Water and Tata Gluco Plus. ....