Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Stock of HUL Had the Crorepati Trigger in 2013
Dec 17, 2019


What differentiates a good stock from a potentially crorepati one is the latter's sudden ability to compound its reach and customer base.

Believe it or not, stocks like HUL and Kotak Bank almost did not become crorepati stocks. For their earlier business models did not allow it.

Until 2013, HUL had products and categories customized for Indian market. That made it difficult for the company to sell its overseas products in the country. Nor could it reach out enough to a global customer base with Indian products. A change of strategy suddenly opened up Unilever's global markets to HUL for both sourcing and selling. The result was evident in profit growth and stock price over the next few years.

Data Source: Ace Equity

This Chart Of The Day was published in The 5 Minute WrapUp - How Kotak Bank and HUL Became Crorepati Stocks

Equitymaster requests your view! Post a comment on "Stock of HUL Had the Crorepati Trigger in 2013". Click here!

  

Our Most Popular Charts

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2021
Get our special report Multibagger Stocks Guide (2021 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

MARKET STATS