Profit

HUL may rise 15% from current levels: Angel Broking

PUBLISHED ON: October 31, 2011 | Duration: 16 min, 53 sec

  
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FMCG major Hindustan Unilever exceeded analysts' estimates by reporting a 22% rise in net profit at Rs 689 crore in the second quarter ended September. Rajen Shah, CIO of Angel Broking, says he has upgraded HUL with a target of Rs 425 and sees 15 per cent upside in the stock.
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