Hindustan Unilever Limited (HUL) is an Indian consumer goods company headquartered in Mumbai, owned by the British conglomerate Unilever. Originally established as Hindustan Vanaspati Manufacturing Co. in 1931, the company later underwent several name changes, finally becoming Hindustan Unilever Limited in June 2007 following a merger.
Hul share price prediction offers a wide range of products including food, beverages, personal care items, cleaning supplies, water purifiers, and more. With over 50 product brands across 14 categories as of 2019, HUL is a significant player in the Indian market. In the fiscal year 2017–18, the company reported a turnover of ₹34,619 crores and employed 21,000 people.
Latest News and Financials: Hindustan unilever share price target 2023 is currently at ₹2,393.60, showing a 0.78% increase from its previous closing price. The stock's performance has fluctuated with a negative year-to-date growth of -10.84%.
Financial Highlights (2023):
Gross Margin TTM: 50.77%
Operating Margin TTM: 21.79%
Net Profit Margin TTM: 16.67%
Return on Investment TTM: 19.45%
Total Revenue: ₹155,670 crores
Gross Profit: ₹80,880 crores
Operating Income: ₹33,530 crores
Net Income: ₹25,090 crores
Share Price Targets:
Hul share price target 2024 : Ranges from ₹2,447.42 to ₹2,669.20 (January to December)
Hul share price target 2025 : Ranges from ₹2,831.05 to ₹2,857.62 (January to December)
Hul share price target 2026 : Ranges from ₹3,030.33 to ₹3,016.50 (January to December)
Hul share price target 2030 : Projected to reach ₹3,932.06 (Initial), ₹3,917.93 (Mid), and ₹3,918.06 (Year-end)
Shareholding Pattern (Dec 2023):
FII: 13.7%
DII: 12.4%
Public: 12.1%
Others: 0%
Competitors (Market Cap):
Godrej Consumer: ₹125,888.73 crores
Dabur India: ₹96,974.84 crores
Colgate: ₹69,977.82 crores
Marico: ₹68,102.46 crores
P&G: ₹53,777.38 crores
In conclusion, Hindustan unilever share price target 2030 continues to be a leading FMCG company with strong financials and a diverse product portfolio. Its consistent growth trajectory and market positioning suggest stability and potential for further expansion in the coming years.