The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.
Almost exactly a year before it bought 90.5% in Direct to Consumer (D2C) brand Minimalist, Hindustan Unilever Limited (HUL), India’s largest FMCG company, talked about the status of its own ...
Today’s stock recommendations feature prominent FMCG and IT companies. Vinay Rajani from HDFC Securities has recommended buying HUL at the current market price of Rs 2,368 apiece. The target price is ...