Dear boarders ! I have heard that GOI is planning to ban small plastic pouches very soon due to pollution issues. If it happens HUL will suffer very badly, since its more that 30 % revenue comes from this. Also some bigs traders are taking the short positions on it desperately. What is your opinion about it.
you are right but this is not right time to enter in HUL on my angle bcoz you know that HUL wast all profit in advertising...so you want to bye then enter in at 255 ...coz that lavel has a strong support
Net Profit down more than 21 percent in this quarter. They are loosing market share to competitors. Margins are coming down. Export business has fallen very badly. It will come down to 250 levels very soon. May be to 235 levels if the traders short it on bad news. Quit to ITC