HUL announced the appointment of Priya Nair as the new CEO, succeeding Rohit Jawa from Aug. 1.
Macquarie is bullish on HUL's stock, citing Nair's experience in India and the potential growth in the beauty segment.
Goldman Sachs, on the other hand, maintained a neutral rating on HUL, anticipating gradual volume growth and margin decline due to increased marketing expenditure.
While the leadership change at HUL has raised some concerns, brokerages like Macquarie and Investec have differing outlooks on the stock's future performance.