Buy HUL; looks pretty strong: Avinash Gorakshekar

"Hindustan Lever definitely looks pretty strong with the kind of numbers they have posted. We continue to be positive as a house on Hindustan Lever in fact we have a buy."

Avinash Gorakshekar, VP Research, Edelweiss Financial Advisors in an interview with ET Now talks about HUL and Dabur.

Investments in counters like Dabur, Hindustan Unilever or even a Marico could reap for investors?

Hindustan Lever definitely looks pretty strong with the kind of numbers they have posted in the current quarter. Clearly the volumes as well as the price attraction seems to be pretty strong. We continue to be positive as a house on Hindustan Lever in fact we have a buy.

Within the other two choices of a Dabur and Marico I think our choice would be on Dabur. Dabur also has a pretty good franchisee and a good kind of a strong kind of product bouquet line up. So Dabur would be the second choice. Here also we are looking at a reasonably medium to longer term kind of horizon and good consumption story.

So Dabur probably the valuations multiples are fairly priced but Hindustan Lever my sense is probably one more stronger quarter and you could see a good a stronger kind of a upside on the stock. So both Lever as well as Dabur would be typically our choice within the consumption sector.
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