Hindustan Unilever Shares Surge 5% Following Strong Q4 Results
HUL up 5% post Q4 results; brokerages turn bullish, see up to 20% upside
Business Standard
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Hindustan Unilever Ltd (HUL) shares rose nearly 5% after reporting a 21% year-on-year increase in consolidated net profit for Q4 FY26, reaching ₹2,994 crore. Brokerages have turned bullish, with target prices suggesting up to 20% upside potential.
- 01HUL reported a 21% increase in Q4 FY26 net profit to ₹2,994 crore.
- 02The stock price surged nearly 5%, reaching an intraday high of ₹2,359.90.
- 03Brokerages expect HUL's revenue and EBITDA to grow at a CAGR of 13% over FY26–28E.
- 04HUL announced a final dividend of ₹22 per share for FY26.
- 05Analysts from ICICI Securities set a target price of ₹2,800, implying a 19% upside.
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Shares of Hindustan Unilever Ltd (HUL) experienced a significant boost, rising nearly 5% after the company announced its Q4 results for FY26. The FMCG giant reported a consolidated net profit of ₹2,994 crore, marking a 21% year-on-year increase, bolstered by higher sales volumes. The stock opened at ₹2,268.90 on the National Stock Exchange and peaked at ₹2,359.90 during the trading session. By 10:15 AM, HUL shares were trading at ₹2,349, with a market capitalization exceeding ₹5.5 trillion. For the fiscal year, HUL's total income grew by 4.6% to ₹65,219 crore. The board has also approved a final dividend of ₹22 per share, bringing the total payout for the year to ₹9,633 crore. Brokerages have responded positively, with ICICI Securities projecting a target price of ₹2,800, indicating a 19% upside, while Motilal Oswal set a target of ₹2,650, reflecting a 13% potential increase. Elara Capital maintained its target price at ₹2,635, emphasizing HUL's focus on volume-led growth despite rising costs.
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The surge in HUL's share price indicates strong investor confidence, which could lead to increased investment and growth opportunities for the company in the FMCG sector.
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