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P&G Hygiene and Health Care jumps after posting strong Q2 results

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Capital Market

Procter & Gamble Hygiene and Health Care jumped 9.39% to Rs 6,000.10 at 15:00 IST on BSE after net profit jumped 61.81% to Rs 146.70 crore on 10.98% rise in total income to Rs 734.29 crore in Q2 December 2015 over Q2 December 2014.

The result was announced during market hours today, 8 February 2016.

Meanwhile, the S&P BSE Sensex was down 255.33 points or 1.04% at 24,361.64.

On BSE, so far 3,259 shares were traded in the counter as against average daily volume of 5,974 shares in the past one quarter. The stock hit a high of Rs 6,049 and a low of Rs 5,760 so far during the day. The stock had hit a record high of Rs 7,435 on 17 March 2015. The stock had hit a 52-week low of Rs 5,171 on 18 January 2016.

 

The large-cap company has equity capital of Rs 32.46 crore. Face value per share is Rs 10.

Procter & Gamble Hygiene and Health Care said that the company continues to focus on productivity and cost efficiency. Both the feminine care and health care businesses continued to deliver strong double digit sales growth n a competitive market environment behind superior value propositions and strength of product portfolio.

Procter & Gamble Hygiene and Health Care is one of the fastest growing FMCG companies in India.

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First Published: Feb 08 2016 | 2:55 PM IST

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