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Hindustan Unilever shares fall 7% after Q2 results miss estimates
short by Debaroti Adhikary / on Thursday, 24 October, 2024
Shares of Hindustan Unilever (HUL) fell around 7% on Thursday to hit an intraday low of ₹2,484.45. This comes after the company reported a 4% year-over-year fall in its net profit to ₹2,612 crore in the second quarter (Q2) of FY25. The FMCG giant's volume growth stood at 3%, lower than the estimated 4% to 5% growth.
read more at CNBC-TV18