Hindustan Unilever (HUL), which will post its Q2 earnings on October 20, has been an underperformer for the last six months. However, with the Q2 numbers, Dalal Street is expecting some sort of normalcy as far as the stock is concerned.
This time around, growth is likely to be led by health, hygiene and in-home consumption products. At the same time, there would be some recovery quarter-on-quarter (QoQ) in discretionary products, which the street is buoyant about. Year-on-year (YoY) there could still be a decline on discretionary products.
Moreover, food products are expected to be key growth drivers, almost a 50 percent jump is what is expected and that is primarily on account of the Horlicks acquisition.
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