Sell Hindustan Unilever, target Rs 1,690: Dr CK Narayan

Dr CK Narayan of Chart Advise has a sell call on Hindustan Unilever Ltd. with a target price of Rs 1690. The current market price of Hindustan Unilever Ltd. is Rs 1717.85 Time period given by the analyst is Intra Day when Hindustan Unilever Ltd. price can reach defined target. Dr CK Narayan recommended to keep stoploss at Rs 1740. Hindustan Unilever Ltd., incorporated in 1933, has a market cap of Rs 371880.35 crore.
Hindustan Unilever Ltd. key Products/Revenue Segments include Personal Care which contributed Rs 37660.00 Crore to Sales Value (98.52 % of Total Sales) and Other Operating Revenue which contributed Rs 564.00 Crore to Sales Value (1.47 % of Total Sales)for the year ending 31-Mar-2019.

For the quarter ended 31-03-2019, the company has reported a Standalone sales of Rs 9809.00 Crore, up 4.83 % from last quarter Sales of Rs 9357.00 Crore and up 8.95 % from last year same quarter Sales of Rs 9003.00 Crore Company has reported net profit after tax of Rs 1538.00 Crore in latest quarter. The company’s top management includes Dr.Sanjiv Misra, Mr.Aditya Narayan, Mr.Dev Bajpai, Mr.Leo Puri, Mr.O P Bhatt, Mr.Pradeep Banerjee, Mr.Sanjiv Mehta, Mr.Srinivas Phatak, Ms.Kalpana Morparia. Company has BSR & Co. LLP as its auditoRs As on 30-06-2019, the company has a total of 2,164,801,037 shares outstanding.