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HUL gains despite weakness over Dalal Street

25 Oct 2024 Evaluate

Hindustan Unilever is currently trading at Rs. 2523.85, up by 20.90 points or 0.84% from its previous closing of Rs. 2502.95 on the BSE.

The scrip opened at Rs. 2525.00 and has touched a high and low of Rs. 2540.00 and Rs. 2500.25 respectively. So far 89467 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3034.50 on 23-Sep-2024 and a 52 week low of Rs. 2170.25 on 16-Apr-2024.

Last one week high and low of the scrip stood at Rs. 2735.85 and Rs. 2453.10 respectively. The current market cap of the company is Rs. 593671.22 crore.

The promoters holding in the company stood at 61.90%, while Institutions and Non-Institutions held 26.33% and 11.77% respectively.

Hindustan Unilever (HUL) has planned to separate the Ice Cream business. The Board of Directors of the company at the meeting held on October 23, 2024, announced its decision to separate the Ice Cream business.

The Board had constituted a committee of Independent Directors of the Company (Independent Committee) to evaluate the way forward for the Business. The Board’s decision to separate is in line with the recommendation made by the Independent Committee following a comprehensive review of the Business.

This portfolio restructuring will enable HUL to sharpen focus on the core business and further strengthen its play in trending demand spaces such as Beauty, Foods, Health and Wellbeing. It will also enable the Ice Cream business to operate with greater flexibility and focus. With the aim of maximising value for all shareholders, the Board, based on the recommendations of the Independent Committee, will determine the mode of separation by the end of this year.

Hindustan Unilever is in the FMCG business comprising primarily of Home Care, Beauty & Personal Care and Foods & Refreshment segments.


Hindustan Unilever Share Price

2241.10 101.65 (4.75%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindustan Unilever 2241.10
Godrej Consumer Prod 1108.20
Dabur India 442.10
Colgate Palmol. (I) 2106.20
P&G Hygiene 10006.55
View more..

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