Gillette India hits all-time high; stock surges 5%

The stock hit an all-time high of Rs 7,661, up 5 per cent on the BSE, surging 17 per cent thus far in April, on the expectation of strong volume growth in March quarter.

Shares of Gillette India hit an all-time high of Rs 7,661, up 5 per cent on the BSE, surging 17 per cent thus far in April, on expectation of strong volume growth in March quarter. In comparison, the benchmark S&P BSE Sensex was up marginally by 0.5 per cent, while S&P BSE FMCG index gained 1.5 per cent during the period.

The board of directors of Gillette India is scheduled to meet on May 8, 2019, to consider and approve unaudited financial results for the quarter ended March 31,2019 (Q4FY19).

The personal products company delivered strong double-digit growth