29-Oct-2026 08:35:45
HINDUNILVRGeneral news
JEFFERIES ON HINDUSTAN UNILEVER ; BUY | TP ₹2,350 (EARLIER ₹2,450)
• Jefferies maintains Buy rating on Hindustan Unilever but cuts target price to ₹2,350 from ₹2,450. • Q2 revenue grew 15% YoY, supported by 7% volume growth, the strongest in several quarters. • Home Care segment grew 22%, while Beauty & Wellbeing sales increased 16%. • Strong performance across key segments supported overall revenue growth and volume recovery. • Inflationary pressures persist, but improving volumes and demand outlook continue to support growth expectations.
HINDUSTAN UNILEVER LTD.