FMCG Sector

Hindustan Unilever quarterly net profit dips two percent

Hindustan UnileverMumbai, May 9 : Fast moving consumer goods major Hindustan Unilever Ltd (HUL) Monday posted two percent decline in its net profit at Rs. 569.15 crore for the quarter ended March 31 as compared to Rs 581.2 crore during the like period last fiscal.

Total income, however, rose 13.93 percent at Rs. 5,022.59 crore during the quarter under review as compared to Rs. 4,408.65 crore during the like period of the corresponding fiscal, the company said in a regulatory filing.

Dabur India With Target Of Rs 107

Dabur India With Target Of Rs 107We attended Dabur’s Q4FY11 conference call and post that reviewed our FY12 estimates and incorporate FY13 numbers. We see input price pressure will remain a concern for near term while expect EBITDA margin decline in long term on higher contribution from the low margin acquisition. Hence, downgrade our FY12 estimates by 4%. We see Hobi and Namaste combined will contribute 13% of sales and 10% of the EBITDA in FY13.

Buy Godrej Industries With Target Of Rs 195

Buy Godrej Industries With Target Of Rs 195Technical analyst Sudarshan Sukhani has maintained 'buy' rating on Godrej Industries Limited stock with a target of Rs 195.

According to analyst, the investors can buy the stock with trailing stop loss of Rs 180.

The stock of the company, on April 27, closed at Rs 188.60 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 247.70 and a low of Rs 144.70 on BSE.

Current EPS is -0.16.

Nestle India Ltd. With Target Of Rs 3208

Nestle India Ltd. With Target Of Rs 3208Nestle’s Q1CY11 numbers were better than our expectation on margin surprise. Net sales growth of 22% was slightly ahead of our 21% growth expectation. Gross margins expanded by 93bps on better product mix and partial offset of promotional offers. Staff cost and other expenditures grew by 21% and 24% respectively and resulted in 64bps jump in EBITDA margin. Depreciation cost was lower than our expectation and translated in 27% growth in the net profits to Rs2.6bn.

Buy HUL With Stop Loss Of Rs 272

Buy HUL With Stop Loss Of Rs 272Technical analyst Shardul Kulkarni of Angel Broking has maintained 'buy' rating on Hindustan Unilever Limited stock with a target of Rs 288-290.

The analyst said that the investors can buy the stock with a stop loss of Rs 272.

The shares of the company, on April 19, closed at Rs 276.95 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 329.45 and a low of Rs 225 on BSE.

Current EPS & P/E ratio stood at 9.16 and 30.48 respectively.

Buy HUL With Stop Loss Of Rs 265

Buy HUL With Stop Loss Of Rs 265Technical analyst Pradeep Surekha has maintained 'hold' rating on Hindustan Unilever Limited stock with a stop loss of Rs 265.

According to analyst, the investors can buy the stock has resistance of Rs 280.

The stock of the company, on April 11, closed at Rs 329.45 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 9.16 and 30.46 respectively.

The share price has seen a 52-week high of Rs 329.45 and a low of Rs 222.10 on BSE.

Hold ITC With Stop Loss Of Rs 163

Hold ITC With Stop Loss Of Rs 163Technical analyst PK Agarwal of Purpleline Investment is bullish on ITC Limited and has maintained 'hold' rating on the stock to attain a target of Rs 180.

Mr. Agarwal said that the stock can be purchased with a stop loss of Rs 163.

Today, the stock of the company opened at Rs 168.85 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 184.70 and a low of Rs 128.50 on BSE.

Current EPS & P/E ratio stood at 6.17 and 27.57 respectively.

Long Term Buy Call For Nestle

Long Term Buy Call For NestleFirstcall Research has recommended buy rating on Nestle India stock to achieve a target of Rs 4001.

Today, the stock of the company opened at Rs 3571 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 4199.40 and a low of Rs 2570 on BSE.

Current EPS & P/E ratio stood at 86.32 and 41.72 respectively.

The company is present in the Indian market for about 9 decades.

Buy Nestle With Target Of Rs 3,208 by PINC Research

Buy Nestle With Target Of Rs 3,208 by PINC ResearchWe initiate coverage on Nestle with a Sell recommendation and a TP of Rs3,208. We believe entry of new players in the hitherto-secure noodles segment challenges Nestle’s ‘cash cow’. Further, we believe the premium enjoyed by the stock vis-à-vis FMCG peers is unjustified and would correct.

Volume to drive growth

SEC investigating Cadbury India

United States finance regulator is probing bribery charges against Cadbury India. Kraft Foods Inc. revealed in its regulatory filing that US Securities and Exchange Commission (SEC) has opened an investigation against company for bribe charge in its India operations.

The company said in the filing that it has received an enquiry from SEC about its Cadbury India plant. Cadbury has its manufacturing plants in India in states of Maharashtra, Madhya Pradesh, Karnataka and Andhra Pradesh. SEC is considering a potential violation of Foreign Corrupt Practices Act on the company.

Amrutanjan acquires soft drink brand

Chennai based Amrutanjan Health Care Ltd. has planned to acquire soft-drink and fruit beverage business of Siva' Soft Drink Private Ltd. This acquisition will also hand popular brand currently owned by Siva's Soft Drink, Fruitnik.

Fruitnik is a pulp-based flavored fruit drink. This brand was launched in 1958 and is popular brand in southern India.

Established 118 years before, Amrutanjan Health Care owns popular Amrutanjan pain relief brand. Besides this pain relief, company has variety of health care products in market. With this acquisition, company showed its commitment to enter and expand food and beverage market. This acquisition is worth Rs. 262 million, company said in a filing to the stock exchange.

Buy ITC With Intra Day Target Of Rs 162

Buy ITC With Intra Day Target Of Rs 162Technical analyst Anil Singhvi has maintained 'buy' rating on ITC Limited stock with an intra-day target of Rs 162.

According to analyst, the stock can be purchased with a stop loss of Rs 150.

The stock of the company, on February 09, marked its closure at Rs 153.75 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 184.70 and a low of Rs 116.62 on BSE.

Current EPS & P/E ratio stood at 6.17 and 25.59 respectively.

Dabur India Result Review by PINC Research

Dabur India Result Review by PINC ResearchDabur’s Q3FY11 numbers were in line with our expectations. Net sales growth of 17% was driven by 10% volume growth, ~4%price & currency fluctuations and ~3% on acquisition of Hobi. Spike in RM prices led to gross margins declining 290bps. However, EBITDA margins were flat as SG&A and staff expenses were under control. Higher taxes have restricted the 16% EBITDA growth in 12% PAT growth. We retain our FY12 earnings estimates and maintain BUY with a TP of Rs110.

Strong growth in Foods

Colgate Result Review by PINC Research

Colgate Result Review by PINC ResearchColgate’s Q3FY11 numbers were below our forecasts owing to an unexpected increase in SG&A expenditure. Net sales grew 14%, led by 12% volume growth. The merger of Professional Oral Care (POC) and CC Healthcare (CC) resulted in 360bps rise in gross margins, but other expenditure (% of sales) increased 391bps.

Hindustan Unilever Intraday Buy Call

Hindustan Unilever Intraday Buy CallTechnical analyst Salil Sharma has maintained 'buy' rating on Hindustan Unilever Limited with a target of Rs 318.

According to analyst, the investors can buy the stock with a stop loss of Rs 305.

The stock of the company, on January 11, closed at Rs 309 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 329.45 and a low of Rs 219 on BSE.

Current EPS & P/E ratio stood at 9.31 and 32.90 respectively.

Buy Dabur India With Intraday Target Of Rs 107

Buy Dabur India With Intraday Target Of Rs 107Technical analyst Husseini Wadharia of Techno Shares has maintained 'buy' rating on Dabur India Limited stock with an intra-day target of Rs 107.

According to analyst, the investors can purchase the stock with a stop loss of Rs 97.

The stock of the company, on January 10, closed at Rs 101.30 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 112.32 and a low of Rs 77.50 on BSE.

Current EPS & P/E ratio stood at 3.10 and 33.16 respectively.

Buy ITC With Target Of Rs 190

Buy ITC With Long Target Of Rs 190Technical analyst Sanjay Surekha has maintained 'buy' rating on ITC Limited stock with a target of Rs 190.

The analyst said that the stock can be purchased with a stop loss of Rs 160.

The stock of the company, on December 29, closed at Rs 174.30 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 184.70 and a low of Rs 116.62 on BSE.

Current EPS & P/E ratio stood at 5.88 and 29.90 respectively.

Colgate Palmolive Ltd Strong Buy : Abhishek Jain, StocksIdea.com

Colgate PalmoliveColgate Palmolive (India) Ltd is a subsidiary of Colgate Palmolive (US). Company was incorporated on 23rd September 1937 as a private limited company. Colgate-Palmolive Company, U. S. A. provided technical assistance, new product information and its worldwide developments in quality dental care and other personal care products. In 1988 Company got a license for producing 24,000 ton per annum of fatty acids.

Short Term Buy Call For Dabur

Short Term Buy Call For DaburTechnical analyst Salil Sharma has maintained 'buy' rating on Dabur India Limited stock with a short-term target of Rs 105.

Mr. Sharma also said that the interested investors can hold the stock to achieve a medium-term target of Rs 112.

According to analyst, the investors can buy the stock with a stop loss of Rs 98.

Today, the stock of the company opened at Rs 102.10 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 112.35 and a low of Rs 77.50 on BSE.

Current EPS & P/E ratio stood at 3.10 and 33.17 respectively.

Buy Dabur With Target Of Rs 107

Buy Dabur With Target Of Rs 107Technical analyst Salil Sharma has maintained 'buy' rating on Dabur India Limited stock with a target of Rs 107.

According to analyst, the stock can be purchased with a stop loss of Rs 96.

The stock of the company, on Dec 02, closed at Rs 99.95 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 112.35 and a low of Rs 77.50 on BSE.

Current EPS & P/E ratio stood at 3.10 and 31.82 respectively.

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