HUL Gets Upgrades on Growth Revival

  Published 10 months ago

Goldman Sachs upgrades HUL to "buy," citing early growth revival, with PT hiked to ₹2,900 from ₹2,400.

  • Volume recovery since Q3 FY25 is expected to sustain, driven by easing inflation and improving rural wages.
  • Forecasts strong double-digit CAGR earnings growth in FY26–28, versus low single digits in FY23–26.
  • HUL hits nine-month high of ₹2,727.5; stock up ~10% YTD amid broader analyst optimism.

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