International Business

Hindustan Unilever gains on defensive buying

The stock surged to high of Rs 285 - up 7%. It finally ended with a gain of 5.5% at Rs 282. Around 1.05 million shares were traded on the BSE today. ______________________________________________ Siemens to invest Rs 1600 cr in India Uttam Galva soars post ArcelorMittal stake hike India Glycols turns around; posts Rs 7 cr profit A total of 579,540 shares have been traded today, as against the 2-week average volumes of 296,091 shares. HUL has apparently attracted investor interest as it is seen as a defensive buy in a soft market. Moreover, there are reports that the company is planning to launch its global soya based fruit drink "AdeZ" in India by next year.


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