HUL’s stock needs some spice + Piramal faces a tough challenge

A stake in MDH is expected to benefit the consumer goods giant + Recovering dues from Anil Ambani-owned RNRL won’t be easy for Piramal Capital and Housing Finance.

Prince here. It goes without saying that shares of Hindustan Unilever Ltd are among the most sought after among investors. That explains why despite the consumer goods giant’s stock hovering around its 52-week low, analysts are bullish about its prospects. But news of a possible multi-billion dollar buy has stumped many. I think they are over-reacting. Separately, Piramal Capital and Housing Finance Ltd has done well with its acquisition of bankrupt DHFL so far. But the hard part of the trek starts now. Read on. 

MDH will be good for HUL

“That’s an extreme insult!” A senior fund manager exclaimed …

Author

Prince M. Thomas

Prince leads the newsroom at The Morning Context as managing editor. A fascination with the written word has taken Prince to some of the leading newsrooms across the country, including The Economic Times, Dow Jones Newswires, Forbes India and Moneycontrol. In a career spanning 20 years, Prince has led teams, managed pages, projects and special editions, and has authored The Consolidators, published by Penguin Random House in 2017.

Managing Editor

prince@mailtmc.com

Mumbai

Author

Advait Palepu

Advait is a financial journalist and a former writer at The Morning Context. Here, he wrote on India’s banks, the wider financial services industry and the fintech ecosystem. He has previously worked with the Economic and Political Weekly, Business Standard, BloombergQuint and MediaNama, where he covered everything from the Reserve Bank of India to fintech policy.

Writer

advait@mailtmc.com

Mumbai

Author

Furquan Moharkan

Furquan leads the banking coverage at The Morning Context. A business journalist with eight years of experience and a best-selling author, in his earlier stints as a reporter with the Deccan Herald and a columnist at The Banker, he wrote on banking, financial markets and regulatory affairs. He has extensively covered India's debt market crisis, banking crisis and the fall of Yes Bank.

Editor, Banking

furquan@mailtmc.com

Delhi