Slowdown is wide spread, rural has been impacted more even as full impact of inflation and Russia Ukarine crisis is yet to play out fully We are cutting HUL's EPS estimates by 2.3/8.2/6.1% for FY22/23/24 and DCF based target price to Rs2356 (Rs2900 earlier). This follows impact of 1) deepening slowdown in demand in rural and urban India 2) likely hit on...