Mumbai/IBNS, July 29 -- Shares of Hindustan Unilever Ltd. (HUL) rose more than 3 percent in early trade on Wednesday as investors cheered positive brokerage commentary despite the FMCG major reporting June quarter earnings that fell short of market expectations.

Brokerages Remain Bullish

Brokerages maintained a positive outlook on HUL, citing improving consumer demand, premiumisation trends and resilient margins as key drivers of long-term growth.

Analysts believe investors are looking beyond the June quarter earnings, with confidence supported by the company's strong revenue growth and steady volume expansion.

Q1 FY27 Financial Performance

For the quarter ended June 2026 (Q1 FY27), HUL reported a net profit of Rs. 2,673 crore, down ...