India's Hindustan Unilever flat ahead of Q2 results
** Shares of consumer goods maker Hindustan Unilever HLL.NS trade flat ahead of quarterly results
** Stock had declined as much as 2.6% in early trading
** Analysts, on average, expect HLL's profit to fall 1% Y/Y, according to data compiled by LSEG
** However, revenue seen rising 2.7% after two consecutive quarters of marginal declines
** Volumes for consumer goods products were subdued for the past couple of years; trends to improve in H2, said analysts at Bob Capital Markets
** HLL's focus on premiumization to aid visible improvement in volumes, said analysts at Emkay Research
** Rival Nestle India NEST.NS had posted ~9% drop in Q2 profit last week, hurt by higher ingredient prices and weaker demand for packaged foods
** Avg rating of 37 analysts on HLL is a 'buy;' median PT is 2,950 rupees - LSEG data
Reporting by Ashna Teresa Britto in Bengaluru
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