HUL Shares Rise After Q2 Net Profit and Revenue Growth
In short
Hindustan Unilever shares rose on Thursday after the company reported Q2 FY27 results. Net profit was Rs 2,790 crore, up 4% year on year, and revenue was Rs 18,226 crore, up 15%.
Brokerages Jefferies, Nomura and JM Financial cut their target prices, but they still see up to 29% upside. The report does not explain how long the share move will last.
What the reporting says
Hindustan Unilever shares rose on Thursday after the FMCG company reported Q2 FY27 net profit of Rs 2,790 crore, up 4% year on year, and revenue of Rs 18,226 crore, up 15%. Jefferies, Nomura and JM Financial cut their target prices but still saw upside potential of up to 29%. The immediate market reaction was positive, while the longer-term outlook in the reports was not fully detailed.
Why it matters
Hindustan Unilever shares rose after the company reported Q2 FY27 net profit of Rs 2,790 crore, up 4% year on year, and revenue of Rs 18,226 crore, up 15%. Despite those results, Jefferies, Nomura and JM Financial cut target prices while still pointing to as much as 29% upside. The reporting does not say the exact share gain beyond the rise mentioned or whether guidance changed.