From the European Central Bank’s (ECB’s) monetary policy meeting on Thursday to the June quarter financial results of Hindustan Unilever Ltd (HUL), ICICI Bank, and three major cement companies, this week promises to be data-rich. HUL resultsHindustan Unilever Limited (HUL), a leading packaged consumer goods company, will announce its earnings for the June quarter on Thursday. ICICI financialsICICI Bank, the country’s second largest private sector lender, will release its June quarter results on Saturday. However, analysts expect larger lenders, such as ICICI Bank, to do relatively better than the rest. While the pandemic stress will lead to a decline in asset quality, ICICI Bank has far better fundamentals than its peers.

Source: Mint July 18, 2021 16:46 UTC