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Buy Hindustan Unilever, target price Rs 2,150: Edelweiss

The analyst suggested a stoploss at Rs 1930 .

ETMarkets.com|
Last Updated: Mar 25, 2020, 08.50 AM IST
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Edelweiss Financial Services has a buy call on Hindustan Unilever Ltd. with a target price of Rs 2150.0 . The current price of Hindustan Unilever Ltd. is Rs 2028.75 Time period given by the analyst is Intra Day when Hindustan Unilever Ltd. price can reach defined target. . Edelweiss Financial Services recommended to keep a stoploss at Rs 1930 .

Hindustan Unilever Ltd., incorporated in 1933, is a largecap company with a market cap of Rs 439188.07 crore, operating in the FMCG sector.

Hindustan Unilever's key products/revenue segments include Personal Care which contributed Rs 37660 crore to sales value (98.52 per cent of total sales) and Other Operating Revenue which contributed Rs 564.00 crore to sales value (1.47 per cent of total sales)for the year ending March 31, 2019.
For the quarter ended December 31, 2019, the company reported consolidated sales of Rs 9978.00 crore, up 0.21 per cent from last quarter sales of Rs 9957 crore and up 3.81 per cent from last year same quarter sales of Rs 9612 crore. The company reported net profit after tax of Rs 1631.00 crore in the latest quarter.
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