Buy Hindustan Unilever, target price Rs 2800:  BNP Paribas Securities

Hindustan Unilever Ltd., incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 615663.40 Crore) operating in FMCG sector.

BNP Paribas Securities has buy call on with a target price of Rs 2800. The current market price of is Rs 2620.65.

Hindustan Unilever Ltd., incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 615663.40 Crore) operating in FMCG sector.

. key Products/Revenue Segments include Personal Care and Other Operating Revenue for the year ending 31-Mar-2024.


Financials
For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 15441.00 Crore, down -2.15 % from last quarter Total Income of Rs 15781.00 Crore and up .43 % from last year same quarter Total Income of Rs 15375.00 Crore. Company reported net profit after tax of Rs 2561.00 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 61.9 per cent stake in the company as of 31-Mar-2024, while FIIs owned 12.67 per cent, DIIs 13.14 per cent.

Source: Stocks-Markets-Economic Times

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