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Oct 05, 2012, 05.56 PM IST
Dipesh Mehta, Nirmal Bang Securities is of the view that Hindustan Unilever can go up to Rs 578.
Dipesh Mehta, Nirmal Bang Securities is of the view that Hindustan Unilever can go up to Rs 578.
Mehta told CNBC-TV18, “I think it is better to have a defensive counter such as HUL on the market because this is a counter which has never disappointed the market even in bad times. I think if people see that there are still no clear buying levels from hereon, they will try to shift on defensive counters like FMCGs such as HUL. So I think there is a room for HUL to go up to Rs 578 on the upper side.”
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