Wednesday, December 5, 2018

Horlicks effect : HUL touhes new 52 week high, market cap crosses Rs 4 lac Cr

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HUL gained Rs 44 and closed at Rs 1852. The market cap of the FMCG major stands at Rs 4 lac Cr. HUL is the 4th most valued company on the Indian bourses. TCS occupies the number 1 spot, followed by RIL and HDFC Bank.

Hindustan Unilever  recently acquired GlaxoSmithKline Consumer Healthcare for Rs 31,700 Cr in all-stock deal.

HUL got brands such as Horlicks, Boost and Viva from the acquisition.

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