Skip to main content

HUL worries trigger selloff in FMCG companies

25 تشرين الأول 2024
The Nifty FMCG Index plunged nearly 3%, its steepest single-day drop in 28 months after HUL's second-quarter results missed expectations, disappointing investors. Analysts anticipate continued margin pressure for consumer companies in the near term due to rising raw material costs and weak urban demand.

For more details: Click here