Hindustan Unilever Ltd.

Hindustan Unilever (HUL) has hiked some of its product prices. The company has increased its Dove lotion 400ml pack price by 15% to Rs 299, while raised prices for 250 ml pack by 11% to Rs 200. Meanwhile, the company has hiked 120ml Lakme deep pore cleanser price to Rs 150.

Recently, the company’s parent company Unilever acquired 14.80% stake in the company against target of 22.5% in Indian unit on closing of open offer. Following this, Unilever’s holding in the company has increased to 67.28% from 52.48%.