HUL gains as Unilever names new CFO, launches retailer bonanza
HUL shares rose after Unilever appointed Srinivas Phatak as CFO, extending this year's leadership reshuffles. The FMCG sector is upbeat ahead of GST rate cuts on essentials like soaps, shampoos, and dairy products. HUL rolled out a "Retailer Bonanza" offering trade discounts across categories to capture demand and smooth the transition. Stock sentiment remains bearish on Stocktwits.