We are negative on Hindustan Lever: Anish Damania

In a chat with ET Now, Anish Damania, Head-Institutional Equity, Emkay Global Financial Services, shares his views on Hindustan Unilever.

What is your call on Hindustan Unilever?

We are negative on Hindustan Lever. We feel that in the last quarter, there was a shock on the volume. Our analyst believes that this quarter there will be a shock on margins in case of Hindustan Lever. Should that come about, then the stock will continue to underperform like the way which we have seen over the last three months it did. So Hindustan Lever is one such name where we feel that at the current valuations, things have not yet bottomed out for them as far as the stock underperformance goes.