Kunal Bothra, Head - Advisory at LKP recommends a buy rating on HUL with a target price of Rs 950. The stock is trading with a P/E of 46.36 and P/B of 47.62. The stock is looking bullish on the charts.HUL is a high beta stock (1.17) and is trading well above its 50-day, 100-day and 200-day moving average of Rs 863, Rs 845.73 and Rs 833.48, respectively, as per data collated by ETMarkets.com. The stock has gained 2.4 per cent so far in the calendar year 2016.
Source: Economic Times June 13, 2016 09:21 UTC