HUL: Why Nuvama predicts 40% upside despite El Niño threat
- Posted on June 18, 2026
- By Financial Express
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- 1 min read
HUL: Why Nuvama predicts 40% upside despite El Niño threat
Hindustan Unilever (HUL) remains a top FMCG pick for Nuvama, which sees a 40% upside with a target price of Rs 3,090. Here's why the brokerage is bullish on HUL's premiumisation strategy, D2C brands, e-commerce growth, and Q1FY27 outlook.