“We have been positive on Hindustan Unilever Ltd (HUL), Britannia, Titan Company and paint companies,” said Amnish Aggarwal, Head of Research at Prabhudas Lilladher in an interview with CNBC-TV18.
“In the longer-term, Britannia is looking good. Stocks like Titan and paint companies have risen very sharply, they continue to be structural buys. HUL from the current level offers upside over the next 12 months,” he said.
According to him, fast-moving consumer goods (FMCG) companies are a winner in the longer-term.
“Particularly those which are having strong brands, which can innovate, which are having the advantages in distribution. These companies will continue to generate a lot of cash and give returns in the longer-term,” he said.
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