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HUL Names Priya Nair As New CEO: Macquarie Bullish On Stock, Goldman Sach Is Neutral

  • 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.

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