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HUL retracts from record high after Q3 earnings

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Hindustan Unilever fell 5.14% to Rs 894.05 at 15:11 IST on BSE after net profit rose 17.87% to Rs 1252.17 crore on 7.17% growth in total income to Rs 7894.39 crore in Q3 December 2014 over Q3 December 2013.

The Q3 result was announced during market hours today, 19 January 2015.

Meanwhile, the S&P BSE Sensex was up 150.95 points or 0.54% at 28,272.84.

On BSE, so far 6.24 lakh shares were traded in the counter as against average daily volume of 1.08 lakh shares in the past one quarter.

The stock was volatile. The stock rose as much as 0.64% at the day's high of Rs 948.50 so far during the day, which is a record high for the counter. The stock fell as much as 5.27% at the day's low of Rs 892.75 so far during the day. The stock had hit a 52-week low of Rs 542 on 3 March 2014.

 

The stock had outperformed the market over the past one month till 16 January 2015, advancing 22.71% compared with Sensex's 5.01% rise. The scrip had also outperformed the market in past one quarter, jumping 29.01% as against Sensex's 8.16% rise.

The large-cap company has equity capital of Rs 216.32 crore. Face value per share is Re 1.

Hindustan Unilever is India's largest fast moving consumer goods (FMCG) company.

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First Published: Jan 19 2015 | 3:06 PM IST

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