HUL Stocks Slip on Lukewarm Q4 Results – Check What Brokerages Recommend | Stock Market News
Zee Business Video Team | Updated: January 20, 2024 02:39 PM IST
Hindustan Unilever (HUL) shares dipped over 3% after missing analyst expectations for its December quarter earnings. Net profit remained stagnant year-over-year, falling short of estimates, while revenue also contracted slightly. Brokerage commentary was divided, with Citi retaining an "Equal Weight" rating and Nuvama trimming EPS estimates but maintaining a "Buy" stance.
