Technical analyst Hitesh Chotalia has maintained 'buy' rating on Hindustan Unilever Limited (HUL) stock with a target of Rs 304.

According to analyst, the investors can hold the stock with a stop loss of Rs 292.

The stock of the company, on November 30, closed at Rs 298.90 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 320.70 and a low of Rs 219 on BSE.

Current EPS & P/E ratio stood at 9.31 and 31.97 respectively.

Hindustan Unilever has sketched a plan to halve water utilization and greenhouse gas emissions by the next ten years (2020) as the producer of Surf detergent and Lakme cosmetics established the Unilever sustainable living plan all over the world on Monday.

Mr. Harish Manwani , chairman of the country's biggest packaged consumer goods company and president, Asia, Africa and Central & Eastern Europe, Unilever, stated that for a business whose goods are utilized two billion times on a daily basis in around 170 nations, small steps could make a big difference to the surroundings and, simultaneously, save costs.

Hindustan Unilever recorded an increase in its standalone net profit for the three month period ended September 2010.

During the three month period, the company's profit surged 32.11% to Rs 5,661.20 million as against Rs 4,285.30 million during the same period of 2009.

Company's total income surged 12.16% to Rs 48,414.90 million for the three month period ended September 2010 from Rs 43,165.10 million for the quarter ended Sept 2009.