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HUL Q1 Results Review - Encouraging Volume Growth Performance: Dolat Capital

The brokerage increases valuations to 58 times (long term-average) to factor in improved rural growth, increased government spending and stable Ebitda margins.

<div class="paragraphs"><p>Functional nutrition drinks by HUL. (Source: Hindustan Unilever website)</p></div>
Functional nutrition drinks by HUL. (Source: Hindustan Unilever website)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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