Hindustan Unilever Ltd. has emerged as the best performer on the benchmark NSE Nifty 50 Index, with a gain of more than 14% this year, as bottles of hand-wash, detergents and floor cleaner fly off the shelves amid the coronavirus pandemic Rising demand for personal hygiene products has brightened the prospects for India’s largest consumer company.
Hindustan Unilever Ltd. has emerged as the best performer on the benchmark NSE Nifty 50 Index, with a gain of more than 14% this year, as bottles of hand-wash, detergents and floor cleaner fly off the shelves amid the coronavirus pandemic.
Of the 43 analysts covering the stock, 30 have a buy recommendation while 12 have given a hold call. “Though the personal wash category is fully penetrated, it