Sagarika Mukherjee, Research Analyst at SBICAP Securities feels there could be headwinds amid tailwinds for HUL, as Q3 and Q4 of the current fiscal will see some margin expansion for the company.
India's largest consumer goods company Hindustan Unilever Limited ( HUL ) rallied as much as 3.7 percent in trade on Wednesday after four brokerage houses upgraded the stock and raised their respective 12-month target prices in the past two days.
Sagarika Mukherjee, Research Analyst at SBICAP Securities feels there could be headwinds amid tailwinds for HUL, as Q3 and Q4 of the current fiscal will see some margin expansion for the company.
Furthermore, FY16 earnings estimates for HUL will see an upward revision with 10-12 percent earnings upgrade being the top end, she says in an interview to CNBC-TV18.
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