Akshay Bhagwat On Nestle’s Momentum V/s Hul’s Stagnation

In this section of Daily Calls Akshay Bhagwat, Senior Vice President of Derivatives Research astatine JM Financial Services, provides an in-depth study of nan FMCG sector, specifically comparing Nestle India and Hindustan Unilever (HUL). Based connected method value charts, Akshay highlights Nestle India’s caller value breakout astatine ₹23,040, marking a affirmative improvement for nan stock. He points retired that Nestle has established beardown support astatine ₹2,200, which positions it good for early momentum. Akshay projects a imaginable target of ₹2,700 complete nan adjacent 3 months. He concludes that Nestle India is presently amended positioned for maturation compared to HUL, making it nan preferred prime for investors looking for momentum successful nan FMCG space.