Rahul Mohindar, viratechindia.com told CNBC-TV18, “ Hindustan Unilever (HUL) can do it more. But would I buy it at this point or recommend buying it at this point? I think the risk to reward ratio doesn’t justify it. We have seen quite a large run up and I think at this point in time may be 3-4 percent more is there on the stock before a nice big correction.”
“So, I would refrain from buying in and probably use the next bout of a run up, the next 3-5 percent to take off some profits,” he added.
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