Hindustan Unilever looks strong. Hindustan Unilever Ltd. engages in the manufacture of consumer goods. It operates through the following segments: Home Care, Beauty and Personal Care, Foods and Refreshments, and Others. It is one of leading company in FMCG sector.
Hindustan Unilever Closing price is 2453.60. Dividend Yield @CMP = 1.78%. The positive aspects of the company are Stocks Outperforming their Industry Price Change in the Quarter, Companies with Zero Promoter Pledge, Company able to generate Net Cash - Improving Net Cash Flow for last 2 years, FII / FPI or Institutions increasing their shareholding and MFs increased their shareholding last quarter. The Negative aspects of the company are high Valuation (P.E. = 53.9), Increasing Trend in Non-Core Income, Declining Revenue every quarter for the past 2 quarters and PEG greater than Industry PEG.
Entry can be taken after closing above 2460 Historical Resistance in the stock will be 2498 and 2534. PEAK Historic Resistance in the stock will be 2571 and 2601. Stop loss in the stock should be maintained at Closing below 2391 or 2369 depending upon your risk taking ability.
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