Book profits in HUL, says Sanjeev Agarwal

Sanjeev Agarwal, CEO at Dynamix Research & Capital Management told CNBC-TV18, "For Hindustan Unilever (HUL) this is not the investment level, it is very high price. The stock is in a range of Rs 750 to 600. So it is always better to buy on a lower range and exit at higher range and HUL is trading near higher range, so my advise would be to book profit whatever it is giving at the current price and wait for a correction towards Rs 650 to Rs 600 to buy."

At 15:14 hrs Hindustan Unilever was quoting at Rs 735.35, up Rs 8.70, or 1.20 percent.

The share touched its 52-week high Rs 771 and 52-week low Rs 536 on 25 September, 2014 and 15 January, 2014, respectively.