HUL shares hit 52-week high on decision to review ice-cream biz strategy
HUL's review decision follows Unilever PLC's earlier announcement about separating its global ice cream business
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HUL gets tax notice of ₹962.75 cr in ₹3,045 cr GlaxoSmithKline deal; stock down 1%
In 2018, the FMCG maker acquired GSK's health food drinks portfolio, which included the Horlicks brand across India, Bangladesh, and 20 other primarily Asian markets.
HUL shares gain 3% on deal to sell Pureit to AO Smith India
HUL to sell its water purification business Pureit at an enterprise value of ₹601 crore as part of its strategy to focus on core categories.
HUL to sell water purification business Pureit for ₹601 crore
Pureit has a turnover of ₹293 crore, less than 1% of HUL's turnover.
Whirlpool shares hit 52-week high on marketing deal with HUL
Whirlpool shares have risen 54% in less than 4 months, from its 52-week low of ₹1,186.85 touched on February 27, 2024.
Marico shares soar 10%; HUL, Dabur up 6%
Marico says it witnessed an uptick in rural sentiment towards the end of the quarter.
HUL removes Horlicks from ‘health’ category to 'FND'
Horlicks and Boost rebranded under the “functional nutritional drinks” category after the government’s directive to the companies
HUL share tanks 2% on decline in Q4 profit
Analysts at brokerage firm Motilal Oswal gave a 'BUY' rating with a revised target price of ₹2,900 per share.
HUL Q4 results: Profit declines 6% to ₹2,406 cr; revenue flat at ₹15,210 cr
The FMCG major is optimistic about the mid-term impact of better monsoons, and improving macro-economic indicators.
HUL shares fall over 3% post disappointing Q3
The FMCG major reported flat profit and sales at ₹2,519 crore and ₹14,928 crore, respectively, in Q3 FY24, dented by demand slowdown.
