HUL's stock, which was up 3% before the announcement, fell nearly 8% in afternoon trade after earnings were announced. It, however, recouped some of those losses, ending 4.06% lower at ₹2,546.45 on the BSE Tuesday, making it the second-biggest loser on the benchmark index after ITC. The company said overall market sentiment remained subdued due to heightened inflation, uncertainty in the job market and the fear of Covid, although this has abated.from Stocks-Markets-Economic Times
Read The Rest:economictimes...
