Hindustan Unilever lost 4.01% to Rs 659 at 09:46 IST on BSE ahead of its Q1 June 2013 results today, 26 July 2013.
Meanwhile, the S&P BSE Sensex was up 19.84 points, or 0.1%, to 19,824.60
On BSE, 1.48 lakh shares were traded in the counter as against an average daily volume of 3.75 lakh shares in the past one quarter.
The stock hit a high of Rs 682.50 and a low of Rs 656.50 so far during the day. The stock had hit a record high of Rs 725 on Wednesday, 24 July 2013. The stock had hit a 52-week low of Rs 432.25 on 7 March 2013.
The stock had outperformed the market over the past one month till 25 July 2013, rising 16.83% compared with the Sensex's 6.31% gain. The scrip had also outperformed the market in past one quarter, surging 43.6% as against Sensex's rise of 2.05%.
India's largest FMCG company by sales has an equity capital of Rs 216.25 crore. Face value per share is Re 1.
Shares of Hindustan Unilever (HUL) were on a roll recently to scale a record high on media reports that the company has raised prices of some of its personal care products. HUL has hiked price of Dove Lotion 400 ml pack price by 15% and 250 ml Dove Lotion Pack by 11% and the price of Lakme deep pore cleanser (200 ml) is hiked by 36%, reports added.
Anglo Dutch parent Unilever this month hiked its stake in HUL through an open offer at Rs 600 per share. Unilever PLC on 11 July 2013 said that pursuant to the voluntary open offer to increase its stake in HUL, the shareholders of HUL tendered a total of 31.99 crore shares, out of which 31.95 crore shares have been accepted by Unilever PLC on completion of the verification of the shares tendered. Based on the shares tendered which represent 14.78% of HUL, the Unilever Group's stake in HUL increased to 67.26% from 52.48%.
HUL declares its Q1 June 2013 results today, 26 July 2013. The company's net profit rose 14.7% to Rs 787.20 crore on 12.5% growth in net sales to Rs 6367.14 crore in Q4 March 2013 over Q4 March 2012.
HUL is India's largest FMCG company in terms of sales with over 35 brands spanning 20 distinct categories such as soaps, detergents, shampoos, skin care, toothpastes, deodorants, cosmetics, tea, coffee, packaged foods, ice cream, and water purifiers.
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