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.
India’s weight in major global emerging-market ETFs has begun to recover recently. This rise follows a steady decline over the past year, showing improved performance.
Asian markets followed Wall Street’s downward trend as caution in technology stocks seeped into trading. Meanwhile, gold prices soared for the fifth day straight, hitting
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