Archive · 25 Jun 2025

Nuvama Maintains Buy for HUL Despite Recent Stock Performance

Nuvama Maintains Buy for HUL Despite Recent Stock Performance

Hindustan Unilever Ltd (HUL), a large company, is facing some challenges with its stock performance recently, with negative returns over shorter periods.

However, analysts at Nuvama still think it's a good investment (a 'Buy' rating).

HUL is also working on expanding its online sales directly to customers and using more digital advertising, with 40% of its ad spend going towards digital marketing.

Nuvama expects HUL to grow by 3-4% in the next quarter.

Sources