Hold Hindustan Unilever, target Rs 1887: Edelweiss

INSUBCONTINENT EXCLUSIVE:
Edelweiss has a hold call on Hindustan Unilever Ltd
with a target price of Rs 1887
The current market price of Hindustan Unilever Ltd
is Rs 1643.8
Time period given by the brokerage is a year when Hindustan Unilever Ltd
price can reach the defined target
Hindustan Unilever Ltd., incorporated in 1933, is a largecap company with a market cap of Rs 364470.22 crore. Investment rationale by
with our estimates
The 12% YoY volume growth also came in line with our estimate
Gross margin expanded ~197bps on account of favourable mix and judicious pricing
New launches, performance of Indulekha Ayush and revival of rural demand are potential triggers