Buying HUL shares? What Jefferies, BofA targets indicate as Unilever sees India as a ‘must-win’ market
FMCG stocks have taken centre stage on Dalal Street ever since the all-powerful GST Council announced a slew of rate cuts on everyday essential items, delivering on the PM’s promise of a “big Diwali gift” in the form of “substantial” rate cuts in the indirect taxation system. Here’s how foreign brokerages Jefferies and BofA Securities…