Shares of Hindustan Unilever Ltd (HUL) climbed nearly 4% on July 11, shortly after the FMCG giant announced Priya Nair as its next MD & CEO. Priya Nair, who has Malayali roots and was raised in Mumbai, will take over the position, following the departure of current CEO Rohit Jawa on July 31, 2025.
Nair’s journey with HUL began in 1995, and since then, she’s held several senior roles across marketing, home care, and personal care categories. She served as executive director for home care from 2014 to 2020, and for beauty & personal care until 2022.
After a successful run in India, she moved to a global role as Unilever’s chief marketing officer for beauty & wellbeing. Since 2023, she has been leading the same division as president — a business vertical that Unilever claims is growing fast.
Pending formal approvals, Nair will join the HUL Board while continuing as part of Unilever’s global leadership team.
The stock markets seemed to welcome the announcement. HUL opened trading at ₹2,460 on the BSE and surged to an intraday high of ₹2,518.65. Analysts say the jump followed a strong gap-up opening, which typically signals positive investor sentiment.
Technical analysts are also seeing signs of a bullish pattern. According to Angel One’s Rajesh Bhosale, the latest price movement confirms a “Saucer” formation — a term used for a rounding bottom chart pattern that could indicate a medium-term rally. The next resistance zones are expected around ₹2,650 and ₹2,750, while support sits near ₹2,440.
Whether the momentum holds in the coming weeks depends on broader market trends and investor sentiment around the leadership change. But for now, the charts are looking healthy.
