Unilever, the parent company of Hindustan Unilever, recently announced a cut in sales growth outlook for 2019. This comes as a surprise for investors as the earlier sales guidance was at the lower end of its 3-5 percent multi-year range.
It now believes that sales for 2019 would come in even lower. Not just this, the FMCG player doesn't expect a swift recovery. While it expects H1 of 2020 to be better, growth is still expected to be below 3 percent.
Sakshi Batra does a 3-Point Analysis to find out what investors should do with HUL stocks.
Watch the video for more.
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