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HUL m-cap crosses Rs 3 trillion; hits new high ahead of Q3 results

The stock hit a new high of Rs 1,388, up 1.6% on BSE ahead of third quarter results on Wednesday, January 17, 2018.

HUL
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SI Reporter Mumbai
Hindustan Unilever (HUL) hit a new high of Rs 1,388, up 1.6% on BSE in early morning trade, ahead of third quarter results of the current financial year (Q3FY18) on Wednesday, January 17, 2018.

The market capitalization (m-cap) of the fast moving consumer goods company touched first time Rs 3 trillion in intra-day trade. At 09:50 AM; the stock was trading 1.3% higher at Rs 1,385, with m-cap of Rs 2.99 trillion, the BSE data shows.

Analysts expect a volume growth of in the range of 6% to 11% and EBITDA (earnings before interest, tax, depreciation and amortization)

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