HUL drops ahead of Q4 results; what to look for

Hindustan Unilever sank half a percent lower on Monday ahead of its March quarter results later in the day.

The stock was 0.54% lower at Rs 1,498.20 early today. Brokerage Motilal Oswal Securities expects the FMCG major to report an adjusted profit after tax (PAT) of Rs 1,300 crore, up 16.6% yoy. Revenues for the quarter are seen growing at 9.4%, with underlying domestic volume growth of 7%

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