29-Oct-2026 08:29:22

HSBC ON HINDUSTAN UNILEVER ; BUY | TP ₹2,220 VS ₹2,210 EARLIER (UP 0.45%)

• Q2 Underlying Sales: UP 14.5% YoY. • Volume Growth: UP 7%, reflecting healthy consumer demand. • Home Care: Delivers double-digit volume growth. • Beauty & Wellbeing: Records double-digit volume growth. • Demand Outlook: HSBC expects improving demand trends despite inflationary pressures. • Key Risks: Inflation and El Niño-related concerns remain potential challenges. • Impact: Positive 🟢

HINDUSTAN UNILEVER LTD.

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