Business Standard

Market Correction Shears Hindustan Lever

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BUSINESS STANDARD

Profit-booking resulted in the share price of Hindustan Lever Ltd (HLL) ending 1.88 per cent down at Rs 184.95 on the BSE on Friday.

The stock had hit a high of Rs 190.85 during the day. More than 8.43 lakh shares were traded on the BSE.

The counter saw profit booking today in sync with the overall market which was also down. The stock has also seen selling pressure as lot of operators seem to be offloading the stock looking for bargain buying at lower levels, according to market sources.

The stock had moved up in the last few sessions on hopes of good growth on the back a normal monsoon this year.

 

A major part of HLL

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First Published: Sep 13 2003 | 12:00 AM IST

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