If one believe EPS growth of HUL has better longevity than that of Nifty, one can always have different perception.
In spite of population growth of India in past 10 years, HUL EPS growth is 11%. Then how can one expect it to be better in the next 1 or 2 decades ?
FMCG cannot have a growth beyond a point as one dont brush or take bath thrice a day due to personal income growth but pay more for technology or luxury which is part of Nifty.
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