See lower levels in HUL, says Chhaochharia

See lower levels in Hindustan Unilever (HUL), says Gautam Chhaochharia, Head of mid-cap research, UBS India.

Chhaochharia told CNBC-TV18, "In Hindustan Unilever we have been worried about some slowdown especially in terms of volumes versus what the street was expecting. I think that came broadly near what we were expecting, but again did negatively surprise the market. So, that stock should correct from current levels."
The company's trailing 12-month (TTM) EPS was at Rs 10.68 per share. (Sep, 2012). The stock's price-to-earnings (P/E) ratio was 51.52. 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 34.65. The dividend yield of the company was 1.36%.