In the past five years, the valuation of the Indian FMCG major has more than doubled while parent Unilever’s market capitalisation has declined consistently since reaching a peak of $180 billion in October 2017. Unilever holds 62% in HUL.
Dalal Street Week Ahead: Sideways consolidation likely to persist amid global trade uncertainty
The Nifty experienced a week of range-bound trading, closing slightly lower with a 0.53% loss. Facing resistance near the upper edge of a rising channel,