HINDUNILVR

A Long-Term Compounder or Losing Its Mojo?

HUL has been a darling of long-term investors. But in the last few quarters, volume growth has stagnated and margins are under pressure. Premiumization worked for a decade, but with rural slowdown and D2C brands picking pace, is the moat narrowing? At 50x PE, the stock seems fully priced unless volume growth revives. Worth tracking, but maybe not buying aggressively just yet.