
HUL Q1 Results: Stock surges 4% after strong volume growth, hopes of better gross margins
India’s largest FMCG company, Hindustan Unilever Ltd. reported its June quarter results on Thursday, July 31. The stock has surged 4% in response to its results. Volume growth, which is a key metric for HUL, stood at 4% for the June quarter, which is the higher range of the estimates of the CNBC-TV18 poll, that…