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Buy Hindustan Unilever, price target Rs 2,120: Shubham Aggarwal

The analyst suggested a stoploss at Rs 2000

ETMarkets.com|
Updated: Dec 06, 2019, 09.16 AM IST
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Shubham Aggarwal of Quantsapp Advisory has a buy call on Hindustan Unilever Ltd. with a target price of Rs 2120. The current price of Hindustan Unilever Ltd. is Rs 2033.0 Time period given by the analyst is Intra Day when Hindustan Unilever Ltd. price can reach the defined target. Shubham Aggarwal recommended to keep a stoploss at Rs 2,000.

Hindustan Unilever Ltd., incorporated in 1933, has a market cap of Rs 440809.86 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 30-09-2019, the company has reported a Consolidated sales of Rs 9957.00 Crore, down -2.62 % from last quarter Sales of Rs 10225.00 Crore and up 6.09 % from last year same quarter Sales of Rs 9385.00 Crore Company has reported net profit after tax of Rs 1818.00 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.

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