Hindustan Unilever Ltd (HUL) shares jumped nearly 4% on Friday, a day after the consumer goods maker named an insider at its parent Unilever as its chief executive.Priya Nair, currently president of Unilever's beauty and wellbeing division,

Priya Nair will lead Hindustan Unilever from August 1, becoming its first Indian woman CEO. Market reacted positively, with HUL shares rising 4.6%. Analysts expect strategic changes as HUL counters stiff competition in beauty,

Analysts tracking HUL described Nair, who would be one of the few career woman CEOs at the helm of a Nifty 50 company, as someone with a ‘strong track record’ and ‘aggressive’, who can bring back volu