HUL upside maybe limited as margins face cost pressure

Hindustan Unilever shares fell sharply, reaching a 52-week low despite strong revenue growth. Input cost pressures caused a contraction in the company's Ebitda margin. Home care and beauty segments showed robust underlying sales growth during the quarter. Personal care faced challenges from palm oil inflation, while foods division saw steady expansion. Management anticipates improved performance but sustained cost inflation may limit future stock upside.