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    Buy Hindustan Unilever, target price Rs 2830: Sharekhan by BNP Paribas

    Synopsis

    Hindustan Unilever, incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 626870.95 Crore) operating in FMCG sector.

    Hindustan UnileverAgencies
    Inside bar pattern breakout on the daily chart. Also surpassed a falling trendline.
    Sharekhan by BNP Paribas has buy call on Hindustan Unilever with a target price of Rs 2830.The current market price of Hindustan Unilever is Rs 2666.95. Sharekhan by BNP Paribas recommended to keep stop loss at Rs 2595.

    Hindustan Unilever, incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 626870.95 Crore) operating in FMCG sector.

    Hindustan Unilever key Products/Revenue Segments include Personal Care and Other Operating Revenue for the year ending 31-Mar-2022.

    Financials
    For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 15253.00 Crore, up 3.36 % from last quarter Total Income of Rs 14757.00 Crore and up 16.44 % from last year same quarter Total Income of Rs 13099.00 Crore. Company has reported net profit after tax of Rs 2670.00 Crore in latest quarter.

    The company’s top management includes Mr.Nitin Paranjpe, Ms.Kalpana Morparia, Dr.Sanjiv Misra, Mr.O P Bhatt, Mr.Leo Puri, Dr.Ashish Gupta, Mr.Wilhelmus Uijen, Mr.Dev Bajpai, Mr.Ritesh Tiwari, Mr.Sanjiv Mehta, Ms.Ashu Suyash. Company has BSR & Co. LLP as its auditors. As on 30-09-2022, the company has a total of 235 Crore shares outstanding.

    Investment Rationale
    Inside bar pattern breakout on the daily chart. Also surpassed a falling trendline.

    Promoter/FII Holdings
    Promoters held 61.9 per cent stake in the company as of 30-Sep-2022, while FIIs owned 15.69 per cent, DIIs 11.65 per cent.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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