A maturing market amid the mayhem
HUL shares gain 2.6 percent
Shares in Hindustan Unilever (HUL) gained 2.6 percent on Monday to close at 225.3 rupees and was among the top Sensex gainers even as markets ended flat.
The volumes stood at a little over 1 million shares on BSE.
Hurt by the pricing war in the detergent space, HUL shares had been struggling and lost more than 8 percent over the past two sessions.
The stock ended as the top gainer in the BSE FMCG index, which closed marginally higher and was among the few sectors that gained on Monday.
Seeing the counter bounce back, would you invest in it?