HUL Shares Slip Ahead of Kwality Wall’s Demerger Record Date

Hindustan Unilever Ltd (HUL) saw its shares drop around 3 % on December 3 as the stock trades under pressure ahead of the demerger record date on December 5. The planned spin‑off of its ice‑cream business, Kwality Wall’s (India), has rattled investor sentiment. Technical analysts note a break below recent consolidation, opening scope for further downside toward ₹2,340 if support fails. The demerger will see 1 share of KWIL issued for each HUL share held on record date.