Add Hindustan Unilever, target price Rs 2500: ICICI Securities

ICICI Securities has add call on Hindustan Unilever with a target price of Rs 2500. The current market price of Hindustan Unilever is Rs 2295.

Time period given by analyst is one year when Hindustan Unilever Ltd. price can reach defined target.

Hindustan Unilever Ltd., incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 535319.13 Crore) operating in FMCG sector.


Hindustan Unilever Ltd. key Products/Revenue Segments include Personal Care and Other Operating Revenue for the year ending 31-Mar-2021.


Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 13099.00 Crore, up 6.84 % from last quarter Total Income of Rs 12260.00 Crore and up 11.23 % from last year same quarter Total Income of Rs 11776.00 Crore. Company reported net profit after tax of Rs 2185.00 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 61.9 per cent stake in the company as of 30-Sep-2021, while FIIs owned 18.5 per cent, DIIs 7.41 per cent.