“Bullish on Hindustan Unilever with a target price of ₹2,450. The company's strategy, outlined at its Capital Markets Day, provides sharper clarity, with Foods and Beauty & Wellbeing expected to drive innovation. Margin guidance has been widened to 22-24%, and capex is increasing to 3% of revenue, supporting resilient near-term industry growth.”

Goldman Sachs Analysis’s track record: 3 graded calls · 95% CI 21–94%