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.
In October, consumer sentiment in the U.S. plummeted to a concerning 48.0, driven by rising prices and economic worries amid the ongoing Middle East conflict.
An important week is upcoming with central banks like the Federal Reserve and European Central Bank making policy decisions. Major companies, including Alphabet, Amazon, and
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