Thursday, February 28, 2008

Hot Chips: Hindustan Unilever

Hindustan Unilever BSE Code:500696 Volume:4141555 CMP:Rs.203.1

HUL has reported good results in the last quarter. Its net sales grew by 16.8 percent to 3687.4 crore from 3156.1 crore. The bottomline also increased from Rs. 500.03 crore to Rs. 564.2 crore.

The net profit margin increased from 15.66 percent to 16.41 percent, which is a very good sign. HUL is India's a fast moving consumer goods company that caters to everyday needs of nutrition, hygiene, and personal care.

It has many reputed brands. The company is also one of the largest exporters and has been recognised as a Golden Super Star by the Government of India.

There has been a good growth in volumes in this counter and the scrip is currently trading at a CMP of 203.1. Investors can benefit from this counter by taking a medium- to long- term exposure.

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