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Hindustan Unilever is an Indian Fast Moving Consumer Goods (FMCG) company. It’s a subsidiary of UK-based FMCB, Unilever. HUL has been in the game for almost a century as it was established in 1931.
Back then, it was known as Hindustan Vanaspati Manufacturing Co and was renamed to what we know today as HUL in 1956. HUL went public in the same year and became the 1st foreign subsidiary to do so.
Fast forward to 2021 and HUL is the 5th largest company in India by market cap. Let’s take a look at Hindustan Unilever stock (HINDUNILVR) by understanding the brand and how it works.
Odds are, HUL owns some of the household names that you’re familiar with. In fact, smart acquisitions are considered to be a hallmark of Hindustan Unilever. It owns brands and products like:
Hindustan Unilever stock (ticker: HINDUNILVR) has been largely successful because of the scale at which the products mentioned above are ingrained into the daily lives of Indian consumers.
1. Stock Name: Hindustan Unilever Ltd. (HINDUNILVR)
2. Share Price: ₹2,739.00*
3. Market Cap: ₹639,617 crores ($87.12 billion)
4. Dividend Yield: 1.14
5. Beta: 0.37
6. 52 Week Low: ₹2,000.05
7. 52 Week High: ₹2,825.00
Fun fact: Hindustan Unilever has a bigger market cap than HDFC, SBI, Bharti Airtel, Wipro, and other Indian companies.
Fun fact: HUL has a bigger market cap than US companies like Zoom, Dell, Uber, and others.
Hindustan Unilever stock price has grown from ₹166 in 1999 to ₹2,739 in 2021. That’s an increase of more than 93%. Furthermore, HUL is a blue-chip company that has a solid track record and pays dividends.
You’ll also notice that Hindustan Unilever stock price has outperformed its competitors like ITC, Britannia Industries, and others.
That said, HUL is a very, very diverse brand that operates in a space that’s facing stiff competition from the likes of e-commerce. So, you must look to other factors to determine whether to buy HUL stock.
First things first, HUL is the biggest FMCG in India and dwarfs its competitors in terms of market capitalization. Furthermore, Hindustan Unilever stock price has faced relatively less volatility in its time.
HUL’s latest financials for the quarter ended June 2021 was more or less as expected with the FMCG brand posting revenue of ₹12,260 crores and a net profit of ₹2,100 crores.
However, whether or not you should buy Hindustan Unilever stock would depend on other factors like:
That’s why it is essential to consult a trained financial professional to understand if Hindustan Unilever stock would add value to your portfolio and investment goals.
You can add a blue-chip stock like Hindustan Unilever (ticker: HINDUNILVR) to your portfolio in two ways. One is the indirect way, through mutual funds. The other is by investing in the stock yourself.
Top mutual funds like the ones on Cube have been known to have exposure to the shares of blue-chip companies like Hindustan Unilever. Here are a few examples.
Mutual funds on the Cube Wealth app are handpicked and curated by Wealth First, Cube’s mutual fund advisor, who has a track record of beating Nifty by 50% over the past decade.
Buying a stock even if it’s of a blue-chip company like Hindustan Unilever requires diligent research and careful analysis. That said, you can buy HUL stock using a brokerage account.
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Note:
Facts & figures are true as of 17-09-2021. All information mentioned is for educational purposes and relies on publicly available information. None of the information shared here is to be construed as investment advice. We strongly recommend you consult a Cube Wealth coach before investing your money in any stock, mutual fund. PMS or alternative asset.
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