Buy HUL With Stop Loss Of Rs 310

Buy HUL With Stop Loss Of Rs 310Stock market analyst Kiran Jadhav has maintained 'buy' rating on Hindustan Unilever Limited (HUL) stock with a target of Rs 358.

The stock can be bought with stop loss of Rs 310.

The stock of the company, on Nov 09, closed at Rs 318.90 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 33.74 respectively.

Hindustan Unilever registered a 32% increase in its quarterly net profit.

Country's biggest household products and consumer goods manufacturer stated that the company's net profit climbed Rs 5.66 billion for the three month period ended September 30 as against Rs 4.29 billion in September 2009.

The company's net sales increased 10.7% during the period under review.

The revenue witnessed a jump of around 12% at Rs 4,764.7 crore for the three month period ended September 2010.