BQ Prime’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 BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
Hindustan Unilever Ltd.'s analyst meet always gives the feeling of it being a complex business (keywords of robotics, data lakes, nanotech, many four-letter acronyms etc.).
However, this analyst walked away with higher visibility and confidence on its simple business model. HUL is now applying winning in many India at scale, produces high quality products (per it's blind tests) in factories with new-tech and has an evolving sales system (Shikhar is a true competitive advantage, in our view).
It still is an employer of choice and has potential to accelerate merger and acquisition. Premiumisation continues to be the top agenda; we reckon margin gains will be reinvested for further category development (discounted cash flow-accretive).
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
Market Valuation Of 6 Of Top 10 Firms Declines By Rs 68,417 Crore; Airtel Biggest Laggard
May 05, 2024
HUL Q4 Results Review - Accumulate For Moderate Returns: Prabhudas Lilladher
Apr 25, 2024
HUL Is Losing Foreign Shareholders On High Valuations
Apr 25, 2024
HUL Q4 Results: Profit Down 6% At Rs 2,406 Crore, Higher Costs Hurt Margin
Apr 25, 2024
POPULAR