Buy Hindustan Unilever: Sudarshan Sukhani

Written By Unknown on Jumat, 08 Maret 2013 | 14.02

Buy Hindustan Unilever , says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "I have been thinking Hindustan Unilever is going to stem its fall and start going up, so for me it is difficult to get a number on the downside. I have been wrong on that. Even now I would be a buyer here because Hindustan Unilever (HUL) and ITC are stocks that have to participate in any meaningful Nifty rally. I would be afraid of going short."

The share touched its 52-week high Rs 579.60 and 52-week low Rs 385.50 on 16 October, 2012 and 07 March, 2012, respectively.Currently, it is trading 24.97% below its 52-week high and 12.8% above its 52-week low.

The company's trailing 12-month (TTM) EPS was at Rs 10.68 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 40.73. The latest book value of the company is Rs 15.88 per share. At current value, the price-to-book value of the company was 27.39. The dividend yield of the company was 1.72%.



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