HUL rises 3% as JPMorgan sees premiumisation, rural demand driving growth
Shares of Hindustan Unilever Ltd. (HUL) gained as much as 3% on Wednesday, June 10, after JPMorgan reiterated its “Overweight” rating on the country’s largest FMCG company. The brokerage set a price target of ₹2,550 on the stock, implying a potential upside of nearly 20% from Tuesday’s closing price of ₹2,132.8. Following a meeting with…
