Hindustan Unilever - Management meeting notes - market weakness persists - Kotak

'No green shoots visible yet' was the key takeaway for us from our recent interaction with the HUVR management. Even as the company appeared relatively comfortable on margins, cautious stance on demand environment and a reluctance to predict recovery timeframe continues to reflect persistent weakness in volume growth. Even a creditable performance on margins is unlikely to help the slowing EPS growth trajectory. REDUCE.

Source : Equity Bulls

Keywords