Hindustan Unilever Share Price Target: The share price of the FMCG company Hindustan Unilever is in focus in today’s trading session, as the company has received a BUY recommendation from brokerage firm Nuvama Wealth Management.
HUL Share Price Target 2026The brokerage has maintained its BUY rating for the stock, with a price target of Rs 3,090, which implies an upside of around 40 per cent from the current price level. As of 9:50 am, the stock was up 0.5 per cent, or Rs 10, to trade at 2,208 on the BSE Sensex. (HUL Share Price)
HUL Stock Outlook
The outlook for the stock remains bullish, as the brokerage highlights the company’s accelerating revenue growth, which rose from 3 per cent year-on-year in H1FY26 to 5.7 per cent in Q3FY26, a nine-quarter high, and further to 7.6 per cent in Q4FY26, marking the strongest growth in 12 quarters.
The company’s direct-to-consumer portfolio continues to scale, with Oziva growing fourfold over three years and Minimalist posting double-digit growth. E-commerce revenue rose 25 per cent year-on-year, while quick commerce sales doubled.
Nuvama highlighted its focus on innovation-led premiumisation, including the Dove Peptide range, Rhamno Tech, and Stratos. It expects Q1FY27 sales growth of 9 to 10 per cent, with volume growth of 6 to 7 per cent. However, El Niño remains a risk to rural demand from Q3FY26 onwards. The company has also committed Rs 20 billion over two years to expand manufacturing capacity in premium categories.
In the short term, the stock rose 3.33 per cent over one week and 6.37 per cent over two weeks, but fell 1.97 per cent over one month. It gained 3.48 per cent over three months but remains down 4.84 per cent year-to-date. Over six months, it declined 2.37 per cent, while one-year returns were broadly flat at -0.29 per cent.
In the longer term, the stock is down 7.80 per cent over two years, 15.64 per cent over three years, and 7.66 per cent over five years. Over 10 years, however, it has surged 160.03 per cent.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
