Hindustan Unilever’s shares fell 2.5% after reporting a 30% drop in Q3 FY26 net profit from continuing operations to Rs 2,188 crore. Despite this, overall net profit surged 121% to Rs 6,603 crore due to one-off portfolio transformation impacts. Revenue from continuing operations saw a 5.6% year-on-year increase.
Kumar Rakesh bets on select IT names amid AI-led volatility
AI’s impact on India’s IT sector is unfolding in two phases: near-term automation causing deflationary pressure, followed by longer-term business transformation creating inflationary opportunities. Analyst