Too much pressure taking a toll on HUL stock: Seshadri Bharathan

In a chat with ET Now, Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd, gave his views on HUL. Excerpts:

HUL, you liked what you saw?

Volumes have been impressive but that does not translate into higher profit for the company. We see on all other parameters, be it profitability, be it the EBITDA margin, operating margins, the numbers are going down, so my sense is there is too much pressure in this segment. There is too much of competition. There is too much of advertisement increase, which is taking a toll on the HUL stock.