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Shares of FMCG firms fall post Hindustan Unilever's Q3 earnings

Investos said, weak volume growth at Hindustan Unilever clouds the business outlook for the FMCG sector.

Abhishek Vishnoi   Mumbai     Last Updated: January 20, 2015  | 13:40 IST
Shares of FMCG firms fall post HUL's Q3 result
(Photo: Reuters)

Shares of FMCG companies fell on Monday after Hindustan Unilever posted its third quarter results on Monday, which failed to meet market expectations.

Investos said, weak volume growth at Hindustan Unilever clouds the business outlook for the FMCG sector.

Godrej Consumer shares fell by 2.1 per cent in early morning trade, followed by stocks of HUL (1.3), Dabur India (1.2), Marico (0.9) and Emami (0.8).

HUL posted a 3 per cent volume growth for the quarter ended December 21, 2014, way below estimates of nearly 6 per cent.

(Reuters)

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