Hindustan Unilever’s market cap rises by ₹1,103 crore this week – Know More

Hindustan Unilever Ltd’s market capitalization saw an increase this week as the stock closed at ₹2,507.70 on Friday, up from ₹2,475.50 on Monday. This rise represents a 1.30% gain in share value, boosting the FMCG giant’s market cap to ₹5,90,310 crore.

Weekly Performance Summary:

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  • Friday’s Closing Price: ₹2,507.70
  • Weekly Market Cap Gain: ₹1,103 crore
  • Current Market Cap: ₹5,90,310 crore

Hindustan Unilever’s steady performance comes amid recent discussions with the Telecom Regulatory Authority of India (TRAI) regarding proposed regulations on transactional messaging. The FMCG leader emphasized potential challenges that these regulations may pose for essential service communications, such as one-time passwords (OTPs) used for secure transactions. Both HUL and the Fintech Association for Consumer Empowerment have urged TRAI to consider exemptions for critical messages to avoid disruptions in consumer services.