HUL shares rise 3% on Q2 profit; brokerages trim targets
Hindustan Unilever's profit rose 4% and sales 15% in the July–September quarter, but Jefferies, Nomura and JM Financial cut their price targets.
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Hindustan Unilever's Q2 FY27 net profit rose 4% to ₹2,790 crore, and revenue 15% to ₹18,226 crore.
Its shares rose as much as 3% to ₹1,864 on the BSE on Thursday.
Jefferies, Nomura and JM Financial cut their target prices but still see upside of 16% to 29%.