The combined market valuation of five of the top 10 most valued Indian companies rose by Rs 84,559.01 crore during a holiday-shortened trading week, with Hindustan Unilever Limited (HUL) emerging as the biggest gainer. This rise came even as the broader market posted a slight decline, with the BSE Sensex slipping by 207.43 points or 0.27 per cent, and the …
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MUMBAI: Former Britannia CEO Rajneet Kohli is joining Hindustan Unilever (HUL) as executive director, foods. Kohli will be taking over from Shiva Krishnamurthy who is moving on from HUL to pursue an external opportunity, the company said in a statement on Wednesday. Kohli’s appointment will be effective from April 7. Kohli who led Britannia as its CEO and executive director …
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Emkay Global Financial Services has maintained its ‘buy’ rating on Hindustan Unilever with a target price of Rs 2,675 (+14%). Despite a sub-par financial performance and muted near-term demand outlook, analysts maintained their positive stance on HUL since they feel in the medium term, the company’s enhanced execution could absorb the impact of macro stress.Elara Securities India has maintained its …
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MUMBAI: FMCG giant Hindustan Unilever is closing in on talks to acquire D2C beauty brand Minimalist in a deal that could value the startup at about Rs 3,000 crore, sources aware of the discussions told TOI. “The talks are ongoing but they are at an advanced stage and should close soon,” a source said. The acquisition will allow HUL to …
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