Buy Hindustan Unilever, target Rs 1,318.20: ICICI Direct

Buy Hindustan Unilever at a price target of Rs 1,318.20 and a stop loss at Rs 1,280.90 from the entry point.

ICICI Direct has a buy call on Hindustan Unilever with a target price of Rs 1,318.20.

The current market price of Hindustan Unilever is Rs 1,308.30.

Time period given by the analyst is intraday when Hindustan Unilever price can reach defined target.

ICICI Direct recommended to keep a stop loss at Rs 1,280.90.

Hindustan Unilever, incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 2,79,380.07 Crore) operating in Personal Care sector.

Hindustan Unilever key Products/Revenue Segments include Personal Care which contributed Rs 33,895 Crore to Sales Value (98.28 per cent of Total Sales), Other Operating Revenue which contributed Rs 592.00 Crore to Sales Value (1.71 per cent of Total Sales)for the year ending 31-Mar-2017.
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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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