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Hindustan Unilever shares experience significant rise

Business

Hindustan Unilever's stock shot up 4.87% on Friday, closing at ₹2,525.60 and outperforming its sector.
Even though it lagged behind the Sensex over the past year, it's bounced back with a solid 7% gain just this week.

Strong Q1 numbers and smooth leadership transition

The company is showing real momentum: annual revenue hit ₹63,121 crore and net profit reached ₹10,679 crore—both up from last year.
With zero debt and a ₹24 per share dividend announced in April, things look steady.
Plus, Priya Nair is set to take over as MD & CEO in August, marking a fresh chapter for the company.

Stock trading above 20-day and 50-day moving averages

Investors are feeling good thanks to strong financials and a smooth leadership transition.
The stock trading above key averages signals confidence—and after a slow year, these recent gains suggest people are optimistic about what's next for HUL.