Portfolio Manager, PN Vijay is of the view that one can buy HUL with a long term perspective.

Vijay told CNBC-TV18, "Lever depends on your risk appetite, if you are a safe long-term investor Lever is very good buy at this level because the problem we had with Lever was terrible margins and very flat growth because of the size probably and they are the market leaders. They seem to have got those out of the way and it has been lingering around these levels for a long time. So it is a safe bet, we are also putting a lot of Nestle in our portfolios because that company has strong earnings momentum and it does not have great volumes. So it has its own followers and it is globally one of the best FMCG. So Nestle is also a share, which we keep buying."