Avenue Supermarts (DMART) Research Report by Motilal Oswal

Avenue Supermarts (DMART) owns and operates an emerging national supermarket chain, ‘D-MART’. Focused on value retailing, it offers a wide range of fast-moving consumer (food and non-food) products, general merchandise and apparel. DMART has grown impressively from opening its first store in Mumbai in 2002 to 131 stores spread across 11 states. Over the last…

Prabhudas Lilladher Research Report – Hindustan Unilever

We are upgrading Hindustan Unilever to Buy (earlier Accumulate) and increase FY18 and FY19 EPS estimates by 6‐10% following improved growth visibility. We expect sustained improvement in volume growth and margin expansion as a part of Unilever’s global drive to boost EBIDTA margins to 20% by 2020. Although GST is likely to provide temporary disruption…

P&G to Invest US$ 279.4 Million in an Unlisted Arm in India

FMCG Company Procter & Gamble (P&G) is planning to invest more than Rs 1,500 crore (US$ 279.4 million) over a period of time in its unlisted Indian arm P&G Home Products to ramp up operations in the country. The fund will be used to support ongoing business activity, capital expansions for P&G operations and towards…