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HUL slips on profit booking

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Hindustan Unilever fell 1.39% to Rs 960.75 at 11:48 IST on BSE on profit booking after the stock rose 6.34% in the preceding two trading sessions to Rs 974.30 on 9 March 2015, from a recent low of Rs 916.20 on 4 March 2015.

Meanwhile, the BSE Sensex was down 9.73 points, or 0.03%, to 28,835.05.

On BSE, so far 66,000 shares were traded in the counter, compared with an average volume of 1.56 lakh shares in the past one quarter.

The stock hit a high of Rs 977.95 and a low of Rs 958.55 so far during the day. The stock hit a record high of Rs 978.90 on Monday, 9 March 2015. The stock hit a 52-week low of Rs 549.05 on 10 March 2014.

 

The stock had outperformed the market over the past one month till 9 March 2015, rising 8.26% compared with 2.19% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 19.77% as against Sensex's 3.77% rise.

The large-cap company has an equity capital of Rs 216.33 crore. Face value per share is Re 1.

Hindustan Unilever (HUL) reported 17.9% rise in net profit to Rs 1252.17 crore on 12.2% growth in total income to Rs 8290.97 crore in Q3 December 2014 over Q3 December 2013.

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

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First Published: Mar 10 2015 | 11:43 AM IST

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