Hindustan Unilever shares in focus as Capital Markets Day outlines growth levers; what are Goldman Sachs and Nomura saying?

Hindustan Unilever’s Capital Markets Day outlined a strategy focused on consumption-led growth, premiumisation, market-making and new growth spaces. Goldman Sachs, Nuvama and Nomura retained Buy ratings, with target prices ranging from Rs 2,450 to Rs 2,820. HUL has raised medium-term margin guidance to 22-24%, while higher capex and underpenetrated categories are expected to support growth.

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