Buy Hindustan Unilever Ltd. target Rs 1288.5 : ICICI Direct

Buy Hindustan Unilever Ltd. at a price target of Rs 1288.5 and a stoploss at Rs 1260 from entry point.

ICICI Direct has buy call on Hindustan Unilever Ltd. with a target price of Rs 1288.5 . The current market price of Hindustan Unilever Ltd. is Rs 1263.05 Time period given by analyst is Intra Day when Hindustan Unilever Ltd. price can reach defined target. ICICI Direct recommended to keep stoploss at Rs 1260
Hindustan Unilever Ltd., incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 276479.67 Crore) operating in Personal Care sector.

Hindustan Unilever Ltd. key Products/Revenue Segments include Personal Care which contributed Rs 33895.00 Crore to Sales Value (98.28 % of Total Sales), Other Operating Revenue which contributed Rs 592.00 Crore to Sales Value (1.71 % of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-09-2017, the company has reported a Standalone sales of Rs 8199.00 Crore, down -2.40 % from last quarter Sales of Rs 8401.00 Crore and up 6.51 % from last year same quarter Sales of Rs 7697.55 Crore Company has reported net profit after tax of Rs 1276.00 Crore in latest quarter. The company’s top management includes Dr.Sanjiv Misra, Mr.Aditya Narayan, Mr.Dev Bajpai, Mr.Harish Manwani, Mr.O P Bhatt, Mr.Pradeep Banerjee, Mr.S Ramadorai, Mr.Sanjiv Mehta, Ms.Kalpana Morparia. Company has BSR & Co. LLP as its auditoRs As on 30-09-2017, the company has a total of 2,164,478,571 shares outstanding.
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