Hindustan Unilever (HUL) has been a major player in the Indian market for years, and its share price has seen significant growth over the past decade. As the company continues to expand and grow its presence in India, many investors are wondering what the future holds for HUL’s share price.
With 2023 and 2030 fast approaching, it’s important to take a closer look at HUL’s current state and consider its potential as a stock to buy. This article will provide an in-depth analysis of HUL’s share price target for the next few years, along with a discussion of the company’s recent acquisition of a 19.8% shareholding in Nutritionalab.
Whether you’re a seasoned investor or just starting to explore the stock market, you won’t want to miss this discussion on the future of HUL.
About the Company
Hindustan Unilever (HUL) is a consumer goods company based in India and is the largest Fast-Moving Consumer Goods (FMCG) company in the country. Founded in 1933, the company has a presence in over 20 categories of home, personal care and foods products, ranging from soaps and detergents to shampoos, skin care products and packaged foods. The company has a strong presence across India and is well known for its iconic brands like Lux, Surf Excel, Dove, Sunsilk and Lipton.
HUL has a wide network of distributors, retailers and wholesalers, enabling it to reach out to customers in both rural and urban areas in India. The company has a strong focus on innovation, and has launched numerous products in the past year alone. The company is also investing heavily in digital marketing, aiming to reach out to new customers and engage with existing ones.
Stock history of Hindustan Unilever
Hindustan Unilever (HUL) has been on the Indian stock market since 1947, when the company was first listed on the Bombay Stock Exchange. Since then, the stock has seen a steady increase in its value.
In the 1970s, HUL saw a period of significant growth. The company’s stock price rose from ₹5.5 in 1972 to ₹25.6 in 1979. In the 1980s, the company’s stock price continued to rise, reaching ₹99.4 in 1989. The stock price then dropped in the early 1990s due to economic turbulence, but recovered in the late 1990s.
In the 2000s, the stock began to rise again, reaching ₹731.2 in 2008. The stock price then dropped during the global financial crisis, but has since recovered and is currently trading at ₹2,630.05 as of 2023.
Overall, HUL has seen a steady increase in its stock price over the past few decades, with some fluctuations due to economic and market conditions.
Latest news about Hindustan Unilever
- In the initial half of 2023, HUL and Reckitt emerged as leaders in television advertising.
- HUL’s Q1 results reveal an 8% surge in net profit, amounting to ₹2,472 crore.
- Anticipating a consistent rebound, Hindustan Unilever foresees recovery in its volume sales.
How to buy Hindustan Unilever shares?
- Open a Demat Account: To buy HUL shares, you will first need to open a Demat account with a depository participant such as a bank, broker, etc. A Demat account is an account where your shares are held in electronic format.
- Research Hindustan Unilever’s Stock: Research is key before investing in any stock. You should understand the company’s current financials, its future growth prospects, and the potential risks associated with investing in the stock.
- Place an Order: Once you have all the necessary information, you can place an order to buy HUL shares through your Demat account. You can place an order with a broker or through your bank’s online trading platform.
- Monitor Performance: Once you have bought HUL shares, you should regularly monitor the performance of the stock and make necessary changes in your portfolio accordingly.
You can also buy shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Share Price Prediction of Hindustan Unilever: 2023 to 2030
Share Price Target 2023 of Hindustan Unilever is ₹3,599.17
| When | Maximum Price | Minimum Price |
| August 2023 | ₹2,621.41 | ₹2,247.24 |
| September 2023 | ₹3,067.48 | ₹2,359.60 |
| October 2023 | ₹2,921.41 | ₹2,247.24 |
| November 2023 | ₹3,213.55 | ₹2,471.96 |
| December 2023 | ₹3,599.17 | ₹2,768.59 |
The table represents the share price prediction for Hindustan Unilever (HUL) for the year 2023. According to the table, the share price is expected to be in an uptrend throughout the year, with the maximum price predicted to be ₹3,599.17 in December 2023 and the minimum price predicted to be ₹2,621.41 in August 2023. The growth percentage from the minimum price to the maximum price is expected to be approximately 94.55%.
These predictions indicate a bullish outlook for HUL’s share price in 2023. The overall trend in the table suggests that HUL is expected to experience steady growth throughout the year, with several high points throughout the year. These predictions make HUL a potentially good investment opportunity for investors looking for long-term growth.
Share Price Target 2024 of Hindustan Unilever is ₹5,039.00
| When | Maximum Price | Minimum Price |
| January 2024 | ₹3,788.60 | ₹2,914.31 |
| February 2024 | ₹4,256.86 | ₹3,547.38 |
| March 2024 | ₹4,480.90 | ₹3,643.01 |
| April 2024 | ₹4,073.55 | ₹3,133.50 |
| May 2024 | ₹3,394.62 | ₹2,611.25 |
| June 2024 | ₹4,073.55 | ₹3,133.50 |
| July 2024 | ₹3,462.52 | ₹2,684.12 |
| August 2024 | ₹3,808.77 | ₹3,022.83 |
| September 2024 | ₹3,999.21 | ₹3,076.31 |
| October 2024 | ₹4,704.95 | ₹3,619.19 |
| November 2024 | ₹4,940.20 | ₹3,800.15 |
| December 2024 | ₹5,039.00 | ₹3,876.15 |
According to the table, the maximum share price target for 2024 is ₹5,039.00 in December 2024, while the minimum share price target is ₹3,394.62 in May 2024. The growth percentage from the minimum price to the maximum price is expected to be approximately 48.23%. This indicates a positive outlook for HUL’s share price in 2024.
The overall trend in the table suggests that HUL is expected to experience a steady growth throughout the year, with several high points throughout the year. The predicted high points in February, October, and December 2024 show a promising outlook for HUL’s share price in the future.
Share Price Target 2025 of Hindustan Unilever is ₹6,112.39
| When | Maximum Price | Minimum Price |
| January 2025 | ₹5,139.78 | ₹3,953.68 |
| February 2025 | ₹5,410.29 | ₹4,161.76 |
| March 2025 | ₹5,680.81 | ₹4,369.85 |
| April 2025 | ₹5,072.15 | ₹3,901.65 |
| May 2025 | ₹4,611.05 | ₹3,546.96 |
| June 2025 | ₹5,072.15 | ₹3,901.65 |
| July 2025 | ₹4,830.62 | ₹3,715.86 |
| August 2025 | ₹5,031.90 | ₹3,870.69 |
| September 2025 | ₹5,283.49 | ₹4,064.22 |
| October 2025 | ₹5,600.50 | ₹4,308.08 |
| November 2025 | ₹5,992.53 | ₹4,609.64 |
| December 2025 | ₹6,112.39 | ₹4,701.84 |
According to our analysis, the maximum share price target for 2025 is ₹6,112.39 in December 2025, while the minimum share price target is ₹4,611.05 in May 2025. The growth percentage from the minimum price to the maximum price is expected to be approximately 31.49%. This indicates a bullish trend for HUL’s share price in 2025, with a steady growth throughout the year. The predicted high points in February, October, and December 2025 are particularly promising for investors
Hindustan Unilever Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹4,278.67 | ₹2,995.07 |
| 2027 | ₹3,636.87 | ₹2,545.81 |
| 2028 | ₹6,546.36 | ₹4,582.46 |
| 2029 | ₹13,447.25 | ₹9,413.07 |
| 2030 | ₹14,975.34 | ₹10,482.74 |
HUL’s share price predictions from 2026 to 2030 show a varying trend with a mix of highs and lows. In 2026, the maximum share price is projected to reach ₹4,278.67 with a minimum price of ₹2,995.07.
In 2027, the predictions are comparatively lower with a maximum price of ₹3,636.87 and a minimum price of ₹2,545.81. However, the following year in 2028, HUL’s share price is expected to see a significant increase with a maximum price target of ₹6,546.36 and a minimum price target of ₹4,582.46.
In 2029 and 2030, the company’s shares are projected to continue their upward trend with a maximum price target of ₹13,447.25 and ₹14,975.34 respectively. The minimum price target for 2029 is ₹9,413.07 and for 2030 it is ₹10,482.74.
It can be concluded that the future outlook of HUL’s share price is optimistic with a bullish trend, but there could be fluctuations in the stock prices.
Financial Condition of Hindustan Unilever: Last 5 years
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Sales(Rs crore) | 39,310 | 39,783 | 47,028 | 52,446 | 60,580 |
| Expenses(Rs crore) | 30,430 | 29,930 | 35,402 | 39,589 | 46,432 |
| Operating Profit(Rs crore) | 8,880 | 9,853 | 11,626 | 12,857 | 14,148 |
| OPM % | 23% | 25% | 25% | 25% | 23% |
| Other Income(Rs crore) | 322 | 432 | 170 | 219 | 447 |
| Interest(Rs crore) | 33 | 118 | 117 | 106 | 114 |
| Depreciation(Rs crore) | 565 | 1,002 | 1,074 | 1,091 | 1,137 |
| Profit Before Tax(Rs crore) | 8,604 | 9,165 | 10,605 | 11,879 | 13,344 |
| Tax % | 30% | 26% | 25% | 25% | 24% |
| Net Profit(Rs crore) | 6,060 | 6,756 | 7,999 | 8,892 | 10,143 |
| EPS in Rs | 27.97 | 31.17 | 34.03 | 37.79 | 43.07 |
| Dividend Payout % | 78% | 80% | 119% | 90% | 91% |
Analyzing the financial performance of the past five years , several noteworthy trends emerge for the company. Sales displayed consistent growth, expanding from INR 39,310 crore in 2019 to INR 60,580 crore in 2023. Operating profit paralleled this trajectory, demonstrating a steady increase from INR 8,880 crore in 2019 to INR 14,148 crore in 2023. The Operating Profit Margin (OPM %) maintained its strength, hovering around 25%, reflecting effective cost management.
Net profit mirrored this growth pattern, surging from INR 6,060 crore in 2019 to INR 10,143 crore in 2023. Earnings per share (EPS) also experienced a significant ascent, climbing from INR 27.97 in 2019 to INR 43.07 in 2023, showcasing the company’s profitability per share. Amidst these achievements, it’s essential to note a varying Dividend Payout %, indicating a responsive dividend policy. Collectively, the company has showcased a consistent upward trajectory in its financial performance, underpinned by growing sales, improved profitability, and robust EPS.
FAQS
Will the share price of HUL increase in 2023?
It is anticipated that Hindustan Unilever per share price will increase to ₹3,599.17 by the end of 2023.
Write the share price target of HUL for 2025.
The share price target of Hindustan Unilever for 2025 might be around ₹6,112.39.
What is the HUL’S share price target 2030?
The per share price of Hindustan Unilever might reach around ₹14,975.34 by the end of 2030.
What is HUL’s current market value?
As of today, the HUL stock price is ₹2,630.05, with a market capitalisation of 6.20 trillion INR.
Also read:
Dabur India Share Price Target: 2023 to 2030.
Ambuja Cements Share Price Target: 2023 to 2030.
Wipro Share Price Target: 2023 to 2030.
Hindustan Unilever Share Price Target By Experts:
- KR Choksey suggests a purchase of Hindustan Unilever shares and establishes a target price of Rs 3109 as of July 25, 2023.
- Sharekhan recommends buying Hindustan Unilever shares and envisions a target price of Rs 3050, according to their advice on July 05, 2023.
- ICICI Direct urges investors to acquire Hindustan Unilever shares and sets a projected target price of Rs 2788, revising their earlier target of Rs 2656 as of July 7, 2023.
Points To Keep In Mind While Investing In Hindustan Unilever Shares:
- The company boasts a nearly debt-free status.
- Demonstrating a strong return on equity (ROE) track record, the company achieved 21.6% over three years.
- The company consistently maintains a robust dividend payout of 99.9%.
- The stock is currently trading at 12.0 times its book value.
Conclusion
Hindustan Unilever is a leading consumer goods company in India and is likely to continue its dominance in the market in the coming years. The company has seen a positive trend in its share prices in the past few years, and this is expected to continue in the years 2023 to 2030, with the price targets expected to remain bullish.
Also, the company is expected to focus on innovation and product development to maintain its leading position in the market. Its continued growth, in combination with its diversified product portfolio and strong financial performance, should ensure that it remains a key player in the consumer goods industry in India and the share price target should remain positively inclined.
Hello, I am Neha. I am currently pursuing B.Sc (Hons.) Computer Science from Hansraj College, University of Delhi. I am skilled in web content writing and my interest lies in the field of Data Analytics, Finance and Marketing.
