Hindustan Unilever - Transforming to Outperform
The management emphasized that its strategies are aimed at transforming the company to outperform, which will pave the way to growth recovery in...
190 Views
Hindustan Unilever - In-Line Show; Earnings to Further Improve in 2HFY25
Net sales rose 2% YoY, with 4% volume growth (est. 3%). Demand trends saw steady improvements with a gradual rural recovery.
168 Views
Hindustan Unilever (Q1FY25 Results Review): The Elephant Has Started Dancing. Upgrade to BUY
The elephant has started dancing, upgrading to BUY: We upgrade HUL to BUY from Reduce with a TP of Rs 3,100 (60x June-26 EPS, in line with five...
185 Views
Hindustan Unilever Ltd - Seeing Gradual Recovery; Maintain BUY
The company’s gross margins improved 171bpsYoY to 50.9% while EBITDA margin improved by 26bps YoY to 23.5% owing to higher adspends, Adj. PAT stood...
178 Views
Hindustan Unilever - Accumulate for Moderate Returns
We believe normal monsoon can provide flip to rural demand although margin expansion from current levels will be very moderate (50bps over FY24-26).
315 Views