Hindustan Unilever fell 1.37% to Rs 786.50 at 11:28 IST on BSE, with the stock extending yesterday's fall triggered by the company reporting flat bottom line after adjusting for exceptional items during market hours yesterday, 14 October 2015.
Meanwhile, the BSE Sensex was up 209.66 points, or 0.78%, to 26,989.37
On BSE, so far 1.91 lakh shares were traded in the counter, compared with an average volume of 1.37 lakh shares in the past one quarter.
The stock hit a high of Rs 789.30 and a low of Rs 771 so far during the day. The stock hit a record high of Rs 979 on 11 March 2015. The stock hit a 52-week low of Rs 708 on 28 October 2014.
The stock had underperformed the market over the past one month till 14 October 2015, rising 0.23% compared with 3.57% rise in the Sensex. The scrip had also underperformed the market in past one quarter, sliding 14.02% as against Sensex's 4.13% decline.
The large-cap company has an equity capital of Rs 216.39 crore. Face value per share is Re 1
Shares of Hindustan Unilever (HUL) fell 1.85% to settle at Rs 797.40 yesterday, 14 October 2015, after the company reported flat bottom line after adjusting for exceptional items during market hours yesterday, 14 October 2015. HUL's net profit fell 2.6% to Rs 962.24 crore on 3% growth in total income to Rs 8125.55 crore in Q2 September 2015 over Q2 September 2014. The stock slipped 3.18% in two trading days from its close of Rs 812.40 on 13 October 2015 after announcing Q2 result. The stock fell 5.01% in seven trading days from a recent high of Rs 828.05 on 6 October 2015.
HUL's net profit before exceptional item rose 1.4% to Rs 970.31 crore in Q2 September 2015 over Q2 September 2014. Net sales rose 4.7% to Rs 7819.64 crore in Q2 September 2015 over Q2 September 2014. Net sales of the domestic consumer business rose 5.1%. Volume growth of domestic consumer business stood at 7%. HUL said that the phasing out of excise duty incentives and fall in product prices adversely impacted the company's performance in Q2 September 2015. The company reduced product prices in a bid to pass on the benefit of lower commodity costs to consumers.
HUL is India's largest fast moving consumer goods (FMCG) company.
Powered by Capital Market - Live News
