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HUL gains after strong Q3 outcome

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Capital Market
Last Updated : Jan 27 2014 | 11:58 PM IST

Hindustan Unilever rose 1.96% to Rs 577 at 15:16 IST on BSE after net profit rose 21.91% to Rs 1062.31 crore on 8.51% increase in total income to Rs 7366.01 crore in Q3 December 2013 over Q3 December 2012.

The result was announced during trading hours today, 27 January 2014.

Meanwhile, the BSE Sensex was down 419.21 points, or 1.98%, to 20,714.35.

On BSE, so far 4.30 lakh shares were traded in the counter, compared with an average volume of 1.07 lakh shares in the past one quarter.

The stock hit a high of Rs 584.40 and a low of Rs 556 so far during the day. The stock hit a record high of Rs 725 on 24 July 2013. The stock hit a 52-week low of Rs 432.25 on 7 March 2013.

The stock had underperformed the market over the past one month till 24 January 2014, rising 0.04% compared with the Sensex's 0.48% rise. The scrip had underperformed the market in past one quarter, falling 6.99% as against Sensex's 1.97% rise.

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The large-cap FMCG company has an equity capital of Rs 216.26 crore. Face value per share is Re 1.

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First Published: Jan 27 2014 | 3:21 PM IST

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