with analysts expecting the pain to continue in the near term. For the consumer goods industry, growth in urban pockets - which accounts for two-thirds of Hindustan Unilever's revenue - has lagged ...

Put together, the near-term earnings outlook for Hindustan Unilever remains weak and analysts at Jefferies say that they remain on sidelines. Their target price for the stock stands at ₹2720.

(Reuters) - Shares of Hindustan Unilever fell as much as 3.5% on Thursday to their lowest level since May after the Indian consumer goods maker forecast near-term margin pressure. The stock was the ...