HUL loses valuation ground to parent Unilever as stock underperforms
Hindustan Unilever Ltd.’s dominance over its parent by market value has faded sharply in just four years. Once worth as much as 70% of Unilever Plc’s market capitalisation, HUL is now valued at about $48 billion, or roughly 35% of its parent’s $135 billion.The decline reflects a prolonged period of…