HUL, which outpaced the industry in value and volume sales, said it’s “cautiously optimistic in the near term” of a demand revival led by softening in some commodities as well as monetary and fiscal measures taken by the government. Results met expectations, with HUL gaining 2.11% to ₹2,655.05 at the BSE Friday close. The company declared an interim dividend of ₹17 per share.
