Buy Hindustan Unilever target of Rs 2575: Sharekhan

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

live

• bselive
• nselive

Volume

Todays L/H

More

×

Sharekhan's research report on Hindustan Unilever

Hindustan Unilever Limited (HUL) is planning to form a new subsidiary with an authorised share capital of Rs. 2,000 crore to set up a manufacturing facility to avail the benefits of the new tax regime. The company is planning for initial investment of Rs. 600 crore-800 crore for setting up the new facility. HUL will continue to post 4-5% volume growth in the near term as recovery will take 2-3 quarters; margin expansion is expected to sustain.

Outlook

We maintain our Buy recommendation on the stock with a revised price target of Rs. 2,575.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.