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Like Godrej Consumer, Marico as positive Q4 numbers likely: experts

PUBLISHED ON: April 29, 2013 | Duration: 23 min, 15 sec

   
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Analysts are now focussed on other players in the FMCG space as Hindustan Unilever beats estimates by reporting a 15% rise in net profit during its fourth quarter. Experts, Gurunath Mudlapur, director of Atherstone Capital Markets, and Devang Shah, portfolio manager at Sharekhan, expect HUL stock to trade at Rs 510 apiece in short-term, adding if the level sustains, the scrip can even touch Rs 520 in medium-term. With Godrej Consumer Products and Marico expected to post positive results as well, experts keep a buy call on the stocks, suggesting investors to accumulate on any correction.
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