A slowing economy means that higher sales growth may a difficult ask, so the focus is on upgrading existing consumers, cost savings and digital transformation
Hindustan Unilever’s share price movement this week, after its analyst day on September 9, does not show the enthusiasm reflected in analyst reports. Of course, it would be a mistake to correlate short term price movement to an event that’s an annual appraisal and a peek into the future. But it’s a useful place to get the bigger picture and also likely future drivers of valuations. In doing that, it appears the lukewarm investor reception may be for a…
