HUL surges 3.5% on strong Q1 show, margin recovery in sight



Hindustan Unilever shares gained 3.5% after the company posted better-than-expected results for the June quarter. Despite a slight dip in EBITDA margin due to higher advertising spends, sales volume grew 4%, and underlying sales growth reached 5%. The company expects business momentum to continue, supported by price hikes and stable input costs, with EBITDA margins projected to stay in the 22–23% range.

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