In the run-up to the important economic event, the Indian stock market is ready for a volatile ride on the back of persistent FIIs flows, Trump tariff concerns and geopolitical uncertainty.
Five stocks, namely Reliance Industries (RIL), ICICI Bank, Sun Pharma, IndiGo, and Hindustan Unilever, contributed heavily to the Sensex’s decline.
Priya Nair, the first woman CEO of HUL, doesn't believe in just numbers. Gaining on-the-ground insights is her priority.
HUL shares demerger: Shares of India's largest FMCG company, Hindustan Unilever (HUL), began to trade adjusted for the demerger of its ice cream business.
Hindustan Unilever demerger: Shares of FMCG major Hindustan Unilever (HUL) are set to demerge ice-cream business, Kwality Walls (India), after a special pre-open session on Friday, December 5.
As a standalone entity, Kwality Walls may offer a focused long-term play on the GST cut for ice cream, from 18 per cent to 5 per cent, which is viewed as a structural tailwind for affordability and formalisation.
The list included One 97 Communications Ltd (Paytm) Hindustan Unilever (HUL), JSW Steel Ltd, Lodha Developers Ltd, JSW Energy Ltd, Asian Paints Ltd, GCPL and Dr Reddy's Labs.
The ice-cream business accounts for roughly 3 per cent of HUL's total revenue, with historical EBIT margins in the 5–9 per cent range. According to Nuvama Institutional Equities, margins in recent quarters dropped to mid-single digits due to adverse weather conditions.
Five stocks namely, Infosys, ICICI Bank, HCL Technologies, TCS and Hindustan Unilever, contributed heavily to the Sensex’s rise.
Stocks in news: Groww, TCS, Infosys, HUL, Azad Engineering, Escorts Kubota, Sequent Scientific, Nucleus Software Exports and more
Parikh holds directorships at companies such as Infosys, Biocon, and Indostar Capital.





