Sh Naughty007, it seems to me you are big bear in HUL script. I am reading your comment since Sept this year. But I would like to point out to you the graph of PGHH. For many and many years it was inthe trading range of 700-800 and since August 2009 it broke the range and now it is around 1850/-. So if HUL decisively broke 300/- which I hope it will this or next month you will not see it again below this price. But for a trader in HUL like you there is no strategy. Accumulate if it crosses 280/- in cash market.
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i DONT think that hul will fly like
p7g till they find a permanent solution to the continuous volume loss of 1000 crores plus beverages division- Red Label, Tazza, 3 Roses which are seeing humungous volume loss in mumbai, pune, nagpur, indore, hyderabad, vijaywada, aurangabad, bhopal, jabalpurs...
Everybody know this thing that HUL is loosing market share. It is already taken into its price. Just wait it will cross today 290/- and before the next expiry it will be in its life time high of 306/-. Don`t belive me ? than wait for at least one more month.
HUL`s loss of market share for brands like Red Label, Taj mahal, Tazza in key markets of Hyderabad, Bombay, Pune, Indore is fact. Even large brads like Tazza are losing volumes fast in Aurangabad. Nagpur, Bhopal, Raipur markets Red Labels stregnth is gone for ever. Bombay, except for organised retail in small grocery, RL,Taj is alsmost gone. Key problem is that THEY have failed us (small investors) and let loss of volume happen in Pune, Nagpur etc markets. And, they wont be able to fix this problem in future as well.
Well Rita what u said is correct otherwisehe stk. should have been somewhere in 400/- levels. But we should consider the present situation. The Hul is posibilly at turning point as per their strategy in dealing with competition & product portfolio. The mgts change in attitude after a long time may wake the Kumbhakaran from its sleep. These levels of 270/- odd levels offer good value when india`s gdp n consumption is looking up. Expect this stk to move to 295-310/- odd levels shortly.
Sh Naughty007 I appreciate your reply for HUL trend espcially your strategy for short HUL above 288 level and buy around 266-270 levels. I am looking this stock for a long time, one thing which I could not understand is why some stocks which have no fundamentals nor any history forget about dividend payment and mangement credibilty starts flying duing the uptrend of the markets and MNC FMCG company behave as if they do not have any value? Why it is so? I know they are defensive stock but still they are growing @ 10-12% PA. Since market is full of surprises for HUL I can say one hindi film song line for this stock