Accumulate Britannia, Godrej Consumer, Marico: Elara Cap

Harendra Kumar of Elara Capital told CNBC-TV18, "We relooked at Emami's valuation at current level but per se Britannia Industries, Godrej Consumer Products and Marico are our accumulates. Among the largecaps, clearly you have very little choice between Hindustan Unilever Ltd (HUL), ITC and Nestle India.""Nestle and ITC are clearly struggling with their own issues, so one outlier is HUL at this given point of time. So largecap which is under-owned could see buying progressively from here on. I think pretty much the pack looks okay at this given point of time," he said.