FMCG company HUL has increased the price of wheel powder by up to 3.5 percent. Apart from this, the price of Lux soap has also been increased by 8 to 12 percent. Let’s know which product’s price has increased by how much.
New Delhi: Rising inflation has loosened the pockets of the common man. The prices of everyday necessities are increasing day by day. After the cost of petrol-diesel, edible oil, milk, bread, now soaps, detergents have also become expensive. The country’s largest FMCG company HUL has increased the price of wheel powder by up to 3.5 percent. Apart from this, the price of Lux soap has also been increased by 8 to 12 percent. That is, now the customers have once again been hit by inflation.
Effect of inflation!
Now the prices of detergents, soaps have increased by 14 percent. Experts say that the cost of companies has increased due to the cost of fuel. Lux soap is a favorite brand of Hindustan Unilever, a subsidiary of British company Unilever. Lux soap is one of the popular products of the company which is used in almost all the households in India.
Know which product became more expensive?
1. The price of wheel powder has increased by 3.5 percent. That is, now the price will increase by Rs 1-2 on a pack of half a kilogram (500 Kg).
2. Surf Excel Easy wash Variant The price of 1 kg packet will increase from Rs 100 to Rs 114.
3. The price of 1 kg packet of Rin will increase from Rs 77 to Rs 82. The price of half a kilogram (500 Kg) will increase from Rs 37 to Rs 40.
4. The price of Lux Soap will increase by 12 percent.
5. The price of lifebuoy soap will increase by up to 8 percent.
HUL shares also rose
Let us tell you that after this news, the company’s stock has also increased strongly. The share of HUL has increased by Rs 15 to Rs 2795 on NSE. The company’s profit has increased by 10 percent to 2061 percent in the April-June quarter. After this, the company’s income increased by 13 percent to Rs 11915 crore. That is, the company is preparing for profit from this move.
Other companies can also increase the price
According to experts, other FMCG companies can also increase the prices of their products. Because after the corona havoc, the cost is increasing rapidly. From palm oil to oil prices are continuously at record highs. That is why other companies are also now thinking of increasing the price.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
