Karvy Stock Broking Limited has maintained ‘Buy’ rating on Hindustan Unilever Limited (HUL) stock to achieve an intra-day of Rs 250.

According to Karvy, day traders can buy the stock between Rs 241-242 with a stop loss of Rs 238.

Shares of the company, on Tuesday (April 21), closed at Rs 242.10 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 9.64 and 25.19 respectively. The share price has seen a 52-week high of Rs 271 and a low of Rs 185 on BSE.

Bharat Thakur, assistant manager, Karvy Stock Broking stated that today market closed after making a profit of 50 points, though it opened its eyes very positive only to discard the majority of its gains. It traded in a range for the whole day.

Today banking region was good, particularly SBI and Kotak Bank. Reliance Industries also increased 2% that provided back up to the market.