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HUL DEMERGER NEWS
Stocks in news: BSE, TCS, Ola Electric, Religare Enterprises, Manappuram FinanceMarkets faced selling pressure, with the Nifty declining due to a sharp fall in technology stocks. Several companies like BSE, TCS, Ola Ele...
Stocks in news: HUL, IndiGo, ITC Hotels, Zaggle Prepaid, Star HealthMarkets ended marginally higher on Thursday, taking a breather after recent declines, with the rupee's weakness and caution ahead of the MP...
Stocks in news: Dr Reddy's, GAIL, Hudco, HUL, Acme SolarIndian markets experienced a subdued trading session, closing nearly half a percent lower due to global uncertainties and continued FII sel...
HUL shares rise over 1% after firm sets December 5 as record date for ice-cream business demergerHUL shares rise over 1% after firm sets December 5 as record date for ice-cream business demerger
Stocks in news: Groww, HUL, Infosys, Sequent Scientific, TCS, Azad EngineeringIndian markets experienced a volatile trading session on weekly expiry day, declining by nearly half a percent. This extends the current co...
Niranjan Gupta named HUL's CFO-designateHindustan Unilever names Niranjan Gupta as its next Chief Financial Officer. Gupta will join on September 1 and take over from Ritesh Tiwar...
Stocks in news: Vedanta, Bajaj Finserv, IndusInd Bank, Bank of Maharashtra, Triveni EngineeringVedanta Chairman Anil Agarwal reaffirmed the company's commitment to unlocking value, saying the four new companies that will emerge from t...
HUL to list Kwality Wall's ice cream shares, demerger ratio announcedUnder the demerger terms, each HUL shareholder will receive one KWIL share for every HUL share held. After the demerger and KWIL’s listing,...
Stocks in news: ITC, HDFC Bank, Adani Wilmar, Kotak Bank, HULUnion Bank reported a 2% YoY increase in its domestic deposits from the previous year at Rs 11.82 lakh. Sequentially, it was down 2%.
Stocks in news: HUL, Zomato, Adani Enterprises, Wipro, LT Foods, Power GridFMCG major Hindustan Unilever (HUL) board has given its in-principle approval for demerging its ice cream business into a separate listed e...
HUL to demerge ice-cream business into independent entityHindustan Unilever plans to spin off its ice-cream business. The new entity will be independently listed. This move aims to unlock value an...
HUL gives in-principle nod to demerger of ice-cream business into separate listed entityHindustan Unilever's board has granted preliminary approval to spin off its ice cream business into a separate publicly listed company. Sha...
Hotel business to do well in Q2: Abneesh RoyWe will see that August especially, when the rainfall was at a 100-year low, 36% deficit, that has derailed the rural recovery green shoots...
ITC fails to fully check out of the hotels business, Street not amusedHowever, in a behaviour typical of the markets of buying on rumours and selling on news, the ITC stock that had hit a record high of ₹499.6...
Why is ITC stock reacting negatively to demerger news? Abneesh Roy answers“ITC FMCG business has become large and it is free cash flow positive. Tobacco business volume growth is not bad at all, given that they ar...
What to watch out for from HUL's Q1 earnings? Rahul Shah explainsThere could be a deep holding story about Reliance in terms of various businesses which they have so obviously first this story of demerger...
At $100 billion-plus valuation, Reliance Retail bigger than FMCG giants ITC, HULCalculations done by global brokerage firm JPMorgan sees Reliance Retail’s enterprise value at $112 billion and implied equity value at $10...
Chakri Lokapriya says this consumer stock could be outlier for FY24Shoe brand Bata is looking to expand into lower-tier digital sales as the stock trades at a historic low multiple, according to Chakri Loka...
ITC still has value; steel stocks likely to peak soonIf anyone is buying ITC with a perspective of restructuring, they should not be buying it, says Sandip Sabharwal.
Expect HUL numbers to be in line with Street expectations: Mayuresh Joshi, Angel Broking'The valuations that JP Power was driving from the TAQA deal were close to Rs 9869 cr and they have struck a better deal with Reliance Powe...