IIFL has buy call on Hindustan Unilever with a target price of Rs 2450. The current market price of Hindustan Unilever Ltd. is Rs 2392.4.
Hindustan Unilever Ltd., incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 560181.20 Crore) operating in FMCG sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 11520.00 Crore, up 8.97 % from last quarter Sales of Rs 10572.00 Crore and up 15.70 % from last year same quarter Sales of Rs 9957.00 Crore. Company reported net profit after tax of Rs 1974.00 Crore in latest quarter.
Investment Rationale
Stock has given a Flag pattern breakout on the daily chart.
Promoter/FII Holdings
Promoters held 61.9 per cent stake in the company as of June 30, 2020, while FIIs held 14.8 per cent, DIIs 8.3 per cent and public and others 15 per cent.
Hindustan Unilever Ltd., incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 560181.20 Crore) operating in FMCG sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 11520.00 Crore, up 8.97 % from last quarter Sales of Rs 10572.00 Crore and up 15.70 % from last year same quarter Sales of Rs 9957.00 Crore. Company reported net profit after tax of Rs 1974.00 Crore in latest quarter.
Investment Rationale
Stock has given a Flag pattern breakout on the daily chart.
Promoter/FII Holdings
Promoters held 61.9 per cent stake in the company as of June 30, 2020, while FIIs held 14.8 per cent, DIIs 8.3 per cent and public and others 15 per cent.
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News.
