This is considered negative for HUL. The reason for this is that the company has not yet been able to achieve a strong recovery in sales and volumes. Common people facing the brunt of inflation can refrain from spending on expensive items. This may affect the revenue of the company. On Thursday, the company’s stock closed at Rs 2,643.05, down 1.6 per cent on the NSE. The royalty agreement gives HUL the right to use Unilever’s trademarks, technology, corporate logos. Unilever plc is a UK based company.
HUL has many well-known products including food, homecare, personal care and water purifiers. These include Annupurna Salt and Flour, Brew Coffee, Brooke Bond Tea, Farmers Ketchup, Juices and Jams, Lipton Tea, Knorr Soup, Quality Wall Ice Cream, Horlicks, Wheel, Rin, Surf Excel, Vim, Clinic Plus Shampoo, Dove, Lifebuoy, Denim Shaving creams include Lakme, Lux, Pepsodent, Rexona, Sunsilk and Pureite.
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