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Stocks to buy: Analysts recommend buying HUL, AU Small Finance Bank, Orient Cement, West Coast Paper Mills, NBCC, Railtel Corp. Positive trends indicated with potential upside targets. Check with experts before investing. Disclaimer: Views not of Mint. ....
HUL exploring selling ice-cream business after making it a separate unit. Ice-cream requires unique manufacturing and distribution. Market competition includes Magnum, Amul, and Kwality. Unilever focuses on similar segments, aiming to improve gross margins. ....
Motilal Oswal has maintained its 'BUY' rating on HUL with a target price of Rs 2,900 based on 55x FY26E EPS. With the anticipation of gradual improvements in macros, it expects HUL will be able to capitalize and deliver better volume growth in FY25-26.
The indexs performance is also its second-best in the previous 10 years. Mid- and small-cap stocks were the top performers in the April-March period, while the financial year witnessed the resurgence of investment themes such as power, capital goods, and PSUs, which were mostly out of favour since 2008. ....
The talks for the sale of the India Pureit business come amid parent Unilever Plc initiating the sale of its majority stake in Qinyuan Group Co., a Chinese maker of water purification equipment that it acquired in 2014. ....