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HUL to consider special interim dividend on July 21; stock hits 10-wk high

The stock of the fast-moving consumer goods (FMCG) giant has gained nearly 5 per cent in the past two trading days.

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According to analysts, for the April-June quarter (Q1FY21), HUL is likely to witness a revenue decline of 2.4 per cent (including acquired company's sales).

SI Reporter Mumbai
Shares of Hindustan Unilever (HUL) hit an over 10-week high of Rs 2,274, up 2 per cent on the BSE on Monday after the company announced that its board will meet on July 21 to consider special interim dividend. The stock of the fast-moving consumer goods (FMCG) giant has gained nearly 5 per cent in the past two trading days. It was trading at its highest level since April 30, 2020.

“A meeting of the board of directors of the Company will be held on July 21, 2020, through audio-visual to consider the proposal for payment of interim (special) dividend, if

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