Hindustan Unilever Ltd. (HUL) shares fell by up to 3.8% on Thursday, dropping to ₹2,255 on the BSE, following the FMCG giant's weaker-th
an-expected Q3 earnings. While HUL reported a 19% year-on-year increase in net profit, primarily due to a one-time gain from the divestment of its Pureit business, analysts downgraded their target prices for the stock due to concerns about weak growth and ongoing challenges in the urban consumer segment.
an-expected Q3 earnings. While HUL reported a 19% year-on-year increase in net profit, primarily due to a one-time gain from the divestment of its Pureit business, analysts downgraded their target prices for the stock due to concerns about weak growth and ongoing challenges in the urban consumer segment.
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