Synopsis
The HUL inventory is down 15% for the previous one yr – as inflationary pressures have battered down the valuations. An enormous acquisition might not be capable to increase hopes of its traders within the close to time period despite the fact that it might be a strategically useful transfer in the long run.
ET Intelligence Group: The share worth of Hindustan Unilever (HUL) took a fall of practically 4% on again of reports that the FMCG main is in dialogue to amass a majority stake within the established spice maker Mahashian Di Hatti (MDH). This will likely emerge to be a big acquisition for HUL because the spice firm reportedly is more likely to be valued at ₹10,000 crore to ₹15,000 crore.
For HUL, the acquisition would happen after two years of the corporate’s
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