Krish Subramanium of Asit C Mehta Investment told CNBC-TV18, "We have seen some sort of long unwinding in Hindustan Unilever (HUL), but feel that around current levels we should see some sort of short covering and long built up emerging. So one could probably buy 570 strike Call at about Rs 8-9 for a possible target of Rs 16-17 and keep a stop loss of Rs 5."
The share touched its 52-week high Rs 725 and 52-week low Rs 432.25 on 24 July, 2013 and 07 March, 2013, respectively.
The company's trailing 12-month (TTM) EPS was at Rs 17.49 per share. (Dec, 2013). The stock's price-to-earnings (P/E) ratio was 32.38. The latest book value of the company is Rs 12.36 per share. At current value, the price-to-book value of the company was 45.83. The dividend yield of the company was 3.27 percent.
Disclosure: Analyst has recommended above strategies to his clients.
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