HUL shares fall 3% on muted Q2 business update as GST 2.0 delays spending

September 29, 2025

Hindustan Unilever (HUL) shares fell sharply on muted Q2 growth, impacted by GST rate cuts. Trade and channel disruptions led to postponed orders and lower consumer buying in September, affecting sales. The portfolio now sees reduced GST rates on key FMCG products.

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