UPDATE 2-Hindustan Unilever cuts prices as thrifty shoppers hurt volumes

UPDATE 2-Hindustan Unilever cuts prices as thrifty shoppers hurt volumes

… * Oct-Dec sales volumes up 3 pct vs forecast up 6 pct. * Standalone net profit boosted by exceptional gain. * Cutting prices in a bid to boost volumes. * Shares fall more than 5 percent (Adds comments on consumer sentiment). By Nivedita Bhattacharjee.

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