Prefer HUL to RIL: Ashwani Gujral

In an interview with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, shares his views on the outlook of HUL and Reliance.

Which one would you prefer: HUL or Reliance?

HUL would be my pick because of the simple fact that it is so under owned that if it starts breaking out and people need to build a position, just that correction of the ownership is likely to take it much higher. Reliance is a well-owned stock, so probably that means a lot more moving than probably an HUL. So my bet would be on HUL.