Name: Latest research reports of Hindustan Unilever Ltd. authored by HDFC Securities and published by - Trendlyne research reports.
Item: Hindustan Unilever Ltd.
Rating: 1
Author: HDFC Securities

Hindustan Unilever Ltd.

21 Sep 2023, 08:12AM

2482.45

0.37%

Hindustan Unilever Share Price Live blog for 21 Sep 2023

livemint

Hindustan Unilever stock price went down today, 21 Sep 2023, by -0.8 %. The stock closed at 2487.4 per share. The stock is currently trading at 2467.45 per share. Investors should monitor Hindustan Unilever stock price closely in the coming days and weeks to see how it reacts to the news.

Comment

Hindustan Unilever Ltd. is trading below all available SMAs

Hindustan Unilever Ltd.

20 Sep 2023

2482.45

0.37%

Corp. Note

HINDUSTAN UNILEVER LTD. - 500696 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / …

BSE India

Pursuant to Regulation 39(3) and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Registrar and Share Transfer Agent of the Company, M/s. Kfin Technologies Limited has received information regarding loss of Share Certificate and request for issuance of duplicate share certificate from the Shareholder. We shall issue ''letter of confirmation'' as per the applicable SEBI Circular, post completion of the necessary formalities by the Shareholder.

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Comment

Hindustan Unilever Ltd.

20 Sep 2023

2482.45

0.37%

Hindustan Unilever Share Price Live blog for 20 Sep 2023

livemint

Hindustan Unilever stock price went up today, 20 Sep 2023, by 0.71 %. The stock closed at 2469.9 per share. The stock is currently trading at 2487.4 per share. Investors should monitor Hindustan Unilever stock price closely in the coming days and weeks to see how it reacts to the news.

Comment

Hindustan Unilever Ltd. is trading below all available SMAs

Hindustan Unilever Ltd.

18 Sep 2023

2482.45

0.37%

Corp. Note

HINDUSTAN UNILEVER LTD. - 500696 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / …

BSE India

Pursuant to Regulation 39(3) and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Registrar and Share Transfer Agent of the Company, M/s Kfin Technologies Limited has received information regarding loss of Share certificate and request for issuance of duplicate share certificate from the shareholder. We shall issue letter of confirmation as per the applicable SEBI Circular, post completion of the necessary formalities by the Shareholder.

pdf

Comment

Hindustan Unilever Ltd.

18 Sep 2023

2482.45

0.37%

Hindustan Unilever Share Price Live blog for 18 Sep 2023

livemint

Hindustan Unilever stock price went down today, 18 Sep 2023, by -1.26 %. The stock closed at 2501.5 per share. The stock is currently trading at 2469.9 per share. Investors should monitor Hindustan Unilever stock price closely in the coming days and weeks to see how it reacts to the news.

Comment

Hindustan Unilever L.. has an average target of 2883.36 from 13 brokers.

Hindustan Unilever Ltd.

14 Sep 2023

2482.45

0.37%

HUL on slippery ground, for now

livemint

For HUL, price cuts would mean revenue growth would be driven by volume. But investors would do well to keep expectations muted as rural demand recovery is gathering pace gradually amid a weak monsoon season so far this year.

Comment

HDFC Securities released a Sell report for Hindustan Unilever Ltd. with a price target of 2550.0 on 14 Sep, 2023.

Hindustan Unilever Ltd.

14 Sep 2023

2482.45

0.37%

SAST

HINDUSTAN UNILEVER LTD. - 500696 - Closure of Trading Window

BSE India

Intimation of Trading Window Closure for the quarter ending 30th September, 2023.

pdf

Comment

Hindustan Unilever Ltd.

14 Sep 2023

2482.45

0.37%

Corp. Note

HINDUSTAN UNILEVER LTD. - 500696 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / …

BSE India

Pursuant to Regulation 39(3) and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, we would like to inform you that the Registrar and Share Transfer Agent of the Company, M/s Kfin Technologies Limited has received information regarding loss of Share certificates and request for issuance of duplicate share certificates from the Shareholders. We shall issue ''letters of confirmation'' as per the applicable SEBI circular, post completion of the necessary formalities by the shareholders.

pdf

Comment

Hindustan Unilever Ltd.

14 Sep 2023

2482.45

0.37%

Hindustan Unilever: Growth lagging expectation. Maintain REDUCE

Sell: Hindustan Unilever Ltd.

HDFC Securities

The incremental expansion will be slower (expect sequential expansion in Q2) as the company is also passing off benefits to consumers. Moreover, A&P spending will also step up along with a royalty rate increase in FY24. We cut our EPS estimates for FY24-FY26 by 2%. We value HUL at 47x P/E on Sep-25 EPS to arrive at a TP of INR 2,550. Maintain REDUCE. Our interaction with HUL management reinforced our thesis that demand pick-up will be gradual and meaningful volume recovery will not be visible in the near term. The rural trend remains stable, with no further improvement or deterioration over the last quarter. Urban demand sustained recovery. With HUL initiating price cuts to adjust for a softening commodity basket, value growth will continue to tail off, thereby reducing the divergence between volume and value growth. As per HUL, it takes 3 to 4 quarters between price cuts and demand upticks, thereby recovery will be more back-ended. Retailers too continue to keep lower inventory (price cut phase), impacting primary growth in the near term (a similar trend in Q1). With falling RM inflation, regional and unorganised players are also becoming competitive (vs. last two years). Inadequate pricing action (18% vs. 30% cost inflation) negatively impacted GM (-600bps last two years), HUL has already recouped c.400bps of the GM.