Hindustan Unilever Ltd.

NSE: HINDUNILVR | BSE: 500696 | ISIN: INE030A01027 |Industry: Personal Products
|Expensive Performer
2176.70 9.95 (0.46%)
NSE Oct 27, 2020 15:31 PM
Volume: 2.3M
 

Hindustan Unilever Ltd.    
16 Sep 2020
2176.70
0.46%
Motilal Oswal
16 September 2020 Detergents, Tea, Oral Care, etc. Of the remaining 20% portfolio, 15% declined by 45% while the rest 5% declined by 69% during the quarter. Skin Care the largest segment of the remaining 20% portfolio performed poorly in 1QFY21, but has started to recover consistently since June (although it is yet to turn positive YoY). With the Ice-Cream business being a washout in 1QFY21, it contributed significantly to business decline in the quarter. However, the Ice-Cream business is much less salient in the base quarter of 2QFY21 (2QFY20) v/s 1QFY21. Therefore, 2QFY21 is not expected to be as drastically impacted by the Ice-Cream business as 1QFY21. The GSK business was affected by temporary plant shutdowns due to COVID- led disruption and some labor issues. The temporary shutdown at HUVRs Haridwar plant due to COVID issues did not affect operations owing to adequate inventory buffers.
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Hindustan Unilever L.. has an average target of 2419.75 from 15 brokers.
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