Premium
This is an archive article published on March 20, 2013

UBS upgrades India’s Hindustan Unilever Ltd shares citing ‘strong’ outlook

UBS raised its target price to 540 rupees from 500 rupees.

google-preferred-btn

UBS upgraded India’s Hindustan Unilever Ltd (Erstwhile Hindustan Lever Ltd) Shares to “buy” from “neutral” and raised its target price to 540 rupees from 500 rupees,citing expectations for a “strong” business outlook and the prospect of rising volumes for its products.

“HUL’s brand ladder pricing,category depth,and geographical breadth provide its business with levers to reaccelerate once macro headwinds are behind,” UBS said in a note dated Wednesday.

Latest Comment
Post Comment
Read Comments
Advertisement
Express shorts
Zubeen Garg
CID to probe Zubeen Garg’s death after complaint names his manager, festival organiser
India58 min ago

As Assam awaits the return of its superstar icon Zubeen Garg’s body after he died in Singapore, where he was for the North East India Festival, on Friday, the state government has decided to transfer the investigation to the CID following complaints against festival organiser Shyamkanu Mahanta and his manager Siddharth Sharma.

View all shorts
Live Blog

Photos

In pics: From concept supercars to electronic SUV's: Bharat Mobility Global Expo 2025 was all about innovation
In Pics: From Concept Supercars to Electric SUVs – Innovation at Bharat Mobility Global Expo 2025
Top Stories
Erik Siebert Trump
Just as talks regain traction, Trump jolts services where it could hurt India the most
Zubeen Garg
CID to probe Zubeen Garg’s death after complaint names his manager, fest organiser
The Ba***ds of Bollywood has seven episodes
EntertainmentAryan Khan’s The Ba***ds of Bollywood is his way of honouring the defiance that made Shah Rukh Khan a megastar
Zubeen Garg didn't like Bombay.
EntertainmentZubeen Garg refused to work in Mumbai because of Bollywood's 'attitude', told them to come to Assam if they wanted him: 'I don't like the chaos'
Rare meteor in Delhi Noida Ghaziabad
TrendingRare meteor streaks across Delhi-NCR sky, residents share stunning videos online
JCB dal makhni
TrendingViral video shows JCB being used to stir dal makhni, sparks food safety concerns; netizens say 'America kuch nahi kahega ab'
Suryakumar Yadav's out-of-place comments — made months after the unfortunate events — triggered reactions and overreactions. (AP)
SportsNo handshake could have been Suryakumar Yadav's compulsion but that's where it should have ended
India Asia cup pakistan
SportsAsia Cup: Before Pakistan game, India have a bumpy ride against Oman
nepal
OpinionIn Nepal, a big ask
Jerome Powell, Chair of the Federal Reserve, speaks at a press conference at the Federal Reserve, in Washington, July 30, 2025.
ExplainedExplainSpeaking: Understanding US Fed’s dual mandate dilemma through 6 quotes from Jerome Powell
Rohit Saraf hair care
The secret to Rohit Saraf's thick and luscious hair is...
The Redmi A4 5G comes with an assortment of features that would make it a stand-out device in the segment. (Express Image/Redmi)
TechnologyUnder Rs 10,000: Top 5 smartphones from Motorola, iQoo, Redmi, Poco and Lava
Advertisement
Must Read
SportsNo handshake could have been Suryakumar Yadav's compulsion but that's where it should have ended
Suryakumar Yadav's out-of-place comments — made months after the unfortunate events — triggered reactions and overreactions. (AP)
SportsAsia Cup: Before Pakistan game, India have a bumpy ride against Oman
India Asia cup pakistan
SportsNeeraj Chopra's former coach Dr Klaus Bartonietz gives expert view on Sachin Yadav's technique: 'Stable left side, fast front leg plant'
Sachin Yadav javelin
TechnologyUnder Rs 10,000: Top 5 smartphones from Motorola, iQoo, Redmi, Poco and Lava
The Redmi A4 5G comes with an assortment of features that would make it a stand-out device in the segment. (Express Image/Redmi)
TechnologyTech is important, but trust is key when working with rural communities: Veena Srinivasan, Founder, WELL Labs
tech
TechnologyEchelon rechargeable keyboard and mouse review: Value for money access to your Mac 
The Echelon combo is a strong value choice for those looking to enhance their macOS setup.
The secret to Rohit Saraf's thick and luscious hair is...
Rohit Saraf hair care
Advertisement
Buzzing Now
TrendingRare meteor streaks across Delhi-NCR sky, residents share stunning videos online
Rare meteor in Delhi Noida Ghaziabad
TrendingViral video shows JCB being used to stir dal makhni, sparks food safety concerns; netizens say 'America kuch nahi kahega ab'
JCB dal makhni
Trending‘India is not for us’: Gujarat Redditor lists 11 reasons for moving back to Canada after a year
Redditor lists 11 reasons for moving back to Canada
Trending‘2 pani puri ke liye satyagrah’: Woman’s street protest over missing golgappas brings Vadodara to a halt
Vadodara woman protest for pani puri
Trending‘Police cannot reach in 10 minutes’: Blinkit delivery partner’s viral video exposes dark side of fast deliveries; says companies overlook rider’s problems for profits
blinkit delivery partner viral video
Sep 20: Latest News
Advertisement