Equity Analysis

Company News

    Hyundai Motor India Ltd
    Industry :  Automobiles - Passenger Cars
    BSE Code
    ISIN Demat
    Book Value()
    544274
    INE0V6F01027
    126.576663
    NSE Symbol
    P/E(TTM)
    Mar.Cap( Cr.)
    HYUNDAI
    24.35
    144896.39
    EPS(TTM)
    Face Value()
    Div & Yield %:
    73.23
    10
    7.44
     
Hindustan Unilever Ltd
HUL incorporates WOS, Kwality Wall’s for ice cream biz demerger
Jan 13,2025
Earlier on 25 November 2024, HUL’s board approved the demerger of its ice-cream business into an independent listed entity and incorporation of a wholly owned subsidiary for the proposal. The firm also proposed that the shareholders of HUL will receive shares in the new entity in proportion to their shareholding in HUL, subject to necessary approvals and procedures.

The diversified FMCG company incorporated WOS, Kwality Wall’s (India) (KWIL) with an initial share capital of Rs 5 crore divided into 5 crore equity shares of face value Re. 1 each.

KWIL has been incorporated with the main object of engaging in manufacture, marketing, distribution and sale of ice creams, frozen desserts (both dairy and non-dairy), frozen snacks, frozen vegetables and frozen processed food of all kinds.

Hindustan Unilever is India's largest fast moving consumer goods company. The company reported 3.86% decline in standalone net profit to Rs 2,612 crore on 1.94% increase in revenue from operations to Rs 15,319 crore in Q2 FY25 over Q2 FY24.

The scrip declined 0.29% to Rs 2,434.75 on the BSE.