HUL forms independent panel to review ice cream business
Fri, Sep 6, 2024 6:39 PM

HUL forms independent panel to review ice cream business

A Flip by Shubhangi Gupta
Get it on Google Play
Hindustan Unilever is reviewing the future of its ice cream division, setting up a committee of independent directors to assess the prospects of the business, following its parent company Unilever’s move to separate its ice cream operations across markets. In a statement released Friday, HUL said the committee will provide recommendations on the best path forward for the ice cream business.

More great flips

Stock hit 15 consecutive upper circuits: Eraaya Lifespaces Ltd

Stock hit 15 consecutive upper circuits: Eraaya Lifespaces Ltd

The shares of Eraaya Lifespaces Limited were locked in a 5 per cent upper circuit to Rs 1,620.20 per share from its previous closing of Rs 1,543.05. The stock also made a fresh 52-week high of Rs 1,620.20 per share and its 52-week low is Rs 26.29 per share. stock. In the recent trading sessions, the stock has been hitting back-to-back upper circuits (the 15th upper circuit today).

Open Flip
Buy JSW Steel; target of Rs 1100: Motilal Oswal

Buy JSW Steel; target of Rs 1100: Motilal Oswal

Motilal Oswal's research report on JSW Steel: The domestic steel demand is expected to be robust, driven by significant capex toward infrastructure development. The capacity expansion of JSW Steel (JSTL) is on track, positioning it well to capitalize on emerging opportunities. We expect +9% YoY (26mt) volume growth in FY25 and +8% YoY (28mt) in FY26E.

Open Flip
Missed Bajaj Housing Finance IPO lottery? Check if you should buy or not?

Missed Bajaj Housing Finance IPO lottery? Check if you should buy or not?

With Bajaj Housing Finance stock’s blockbuster listing on 16 September, investors who either missed the IPO might be wondering if they should buy the shares now. Experts suggest taking a partial position in Bajaj Housing Finance stock when the price offers the right opportunity, or taking a long-term view to tap into the company's growth, with a recommended buying range of Rs 80-100.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon