SENSEX NIFTY
Feb 27, 2013, 09.35 AM IST | Source: CNBC-TV18

Buy Hindustan Unilever: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hindustan Unilever (HUL) for short-term.

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hindustan Unilever (HUL) for short-term.

Sukhani told CNBC-TV18, "For HUL at Rs 450-460 there is very strong support. Now it may or may not work out but if it does for a short-term trader and assuming that the Nifty is to be managed on the upside even for a few points, HUL could be a very decent participant because technically it is unlikely to crack below this support in a hurry. So, it is a buying opportunity for a short-term trader.”

The share touched its 52-week high Rs 579.60 and 52-week low Rs 383.65 on 16 October, 2012 and 02 March, 2012, respectively. Currently, it is trading 21.93% below its 52-week high and 17.95% above its 52-week low. Market capitalisation stands at Rs 100,234.56 crore.

The company's trailing 12-month (TTM) EPS was at Rs 10.68 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 42.37. The latest book value of the company is Rs 15.88 per share. At current value, the price-to-book value of the company was 28.49. The dividend yield of the company was 1.66%.

Set email alert for

ADS BY GOOGLE

video of the day

Retail buyers, MFs are back; midcaps hold promise: Ambit

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.