Hindustan Unilever share price: Buy Hindustan Unilever, target price Rs 2780: Motilal Oswal

By | June 1, 2021

Motilal Oswal has buy call on with a target price of Rs 2780. The current market price of Hindustan Unilever Ltd. is Rs 2340.5. Time period given by analyst is one year when Hindustan Unilever price can reach defined target.

Hindustan Unilever Ltd., incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 549810.62 Crore) operating in FMCG sector.

For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 12542.00 Crore, up 2.51 % from last quarter Total Income of Rs 12235.00 Crore and up 32.37 % from last year same quarter Total Income of Rs 9475.00 Crore. Company reported net profit after tax of Rs 2191.00 Crore in latest quarter.

Investment Rationale
After premiumization in Detergents led to strong growth in detergent sales and margins in the last decade, the Personal Wash and Dishwashing segments show considerable promise going forward. The high-margin Discretionary portfolio was under pressure in FY21 – resulting in lower than the usual 12% adjusted EPS growth) – and is expected to face significant pressure in FY22 as well (albeit less than in the previous year). Nevertheless, the trajectory of premiumization over the medium term is evident. Additionally, synergies from the GSKCH business would play a big role in the resumption of strong earnings growth going forward

Promoter/FII Holdings
Promoters held 61.9 per cent stake in the company as of March 31, 2021, while FIIs held 15 per cent, DIIs 10.7 per cent and public and others 12.5 per cent.

(Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)

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