ABSTRACT
The concept of Economic Value Added (EVATM) has been propounded as an economic measure of the extent to which a company adds value to shareholders’ wealth. Many Indian companies are discerning the key to their long-term progression does not fit in products and services only but in resources that can never be simulated, that is, their unique and distinctive relationship with employees, investors and the community they assist. The main focus of study is to define the shareholders’ value (in reference of Economic Value Added) of Hindustan Unilever Limited from1999 to 2017. Hindustan Unilever Limited have very strong and positive coefficient of determination between EVA and Share price during the study period .EVA and Share price of HUL is significant and possesses a linear relationship.
