Hindustan Unilever zooms on reporting rise in Q4 consolidated net profit

Hindustan Unilever

Hindustan Unilever is currently trading at Rs. 2202.45, up by 58.20 points or 2.71% from its previous closing of Rs. 2144.25 on the BSE. The scrip opened at Rs. 2204.00 and has touched a high and low of Rs. 2230.00 and Rs. 2165.55 respectively. So far 49220 shares were traded on the counter. The BSE … Read more

HUL to consider legal options against GST anti-profiteering authority order

Hindustan Unilever (HUL) is considering legal options after GST anti-profiteering authority found it guilty of not passing on rate cut benefits to consumers. On December 24, 2018, the National Anti-Profiteering Authority (NAA) passed an order against the company for depositing an amount of Rs 223 crore. HUL is India’s largest Fast Moving Consumer Goods Company … Read more

HUL gets nod for scheme of amalgamation with GSKCH

Hindustan Unilever (HUL) has received approval for scheme of amalgamation with GlaxoSmithKline Consumer Healthcare (GSKCH) and their respective shareholders and creditors. The Board of Directors of the company at their meeting held on December 03, 2018, approved the same. GSKCH is the one of the key players in the Foods and Refreshment (F&R) category with … Read more

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