Economic Times: What's next for HUL and PFC stock?

Economic Times: What's next for HUL and PFC stock?Economic Times: What's next for HUL and PFC stock?

Deepak Shenoy, Founder of Capitalmind, shared his thoughts on the potential demerger of HUL, emphasizing that such a move could unlock value but may not result in immediate cash inflows. He also weighed in on PFC’s stock performance, attributing the recent volatility to profit booking and highlighting PFC’s crucial role in funding India's transition to renewable energy. Shenoy remains optimistic about PFC’s fundamentals, noting its importance in the shift away from fossil fuels over the next decade. However, he advises patience as the company continues to evolve in a volatile market environment.

CM Team•September 10, 2024

Economic Times: So, they will have to demerge it. So that may produce some kind of value unlocking if there is some capital freed up or something that changes. But I do not expect this to actually result in cash inflow for HUL. So, while everything is like up for grabs right now, we do not know much more than just the announcement. I would say let us wait for this to develop worldwide before we take a call on what happens to the India business.," says Deepak Shenoy, Founder, Capital Mind.

(Read More at Economic Times)