All eyes on rural demand in FMCG firms’ Q3 results
Q3 volume growth forecasts are lower sequentially but product price hikes can boost revenue
FMCG stock valuations have corrected from their highs in keeping with demand worries Gross margin pressures would continue for a while until input prices soften meaningfully
Hindustan Unilever Ltd (HUL) will announce its December quarter (Q3FY22) results on Thursday and investors are expected to closely track management commentary on rural demand. Recall that while announcing Q2 results, HUL had said recent industry trends hint at rural demand moderation, which need to be monitored.
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