Hindustan Unilever (HUL) shares are currently trading at Rs. 2643.45, an increase of 24.55 points or 0.94% from its previous closing of Rs. 2618.90 on the BSE.

The stock opened at Rs. 2620.65 and has reached a high of Rs. 2657.20 and a low of Rs. 2620.65 so far. A total of 14,412 shares have been traded on the counter.

This BSE group 'A' stock with a face value of Rs. 1 has a 52-week high of Rs. 2723.90 on 05-Jun-2024 and a 52-week low of Rs. 2170.25 on 16-Apr-2024. Over the last week, the stock's high and low stood at Rs. 2657.20 and Rs. 2573.00 respectively. The company's current market cap is Rs. 621,349.41 crore.

Promoters hold a 61.90% stake in the company, while institutions and non-institutions hold 25.91% and 12.18% respectively.

HUL has signed an agreement to divest its Water Purification business, including the ‘Pureit’ brand's trademarks, copyrights, and other intellectual properties, along with identified assets and contracts associated with the business. The sale is to A. O. Smith India Water Products, a leading global water technology company.

This move aligns with HUL's strategic focus on its core categories. Pureit offers essential water purification solutions to millions of loyal consumers. The transaction, subject to customary closing conditions, will see HUL managing the business until completion.

The transaction is expected to be completed within approximately three months, subject to the fulfillment of the terms and conditions outlined in the Transaction Documents.

Hindustan Unilever operates in the FMCG sector, primarily focusing on Home Care, Beauty & Personal Care, and Foods & Refreshment segments.