Buy Hindustan Unilever; target of Rs 2780: Motilal Oswal

Motilal Oswal’s research report on Hindustan Unilever
HUVR now has 14 brands with over INR10b in annual sales (v/s 12 brands last year). In FY21, it gained market share in 84% of its portfolio and launched more than 150 SKUs. Rapid technology adoption: A significant leap has been observed in technology adoption among small retailers, which are convinced that this is, indeed, the need of the hour. HUVRs eB2B app, Shikhar, has enabled its retailer partners to place contactless orders conveniently,…

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