Hindustan Unilever jumps after strong Q4 earnings

The company announced Q4 results during trading hours today, 29 April 2013.

Meanwhile, the S&P BSE Sensex was up 41.52 points or 0.22% at 19,328.24.

The stock surged on high volumes. On BSE, 10.06 lakh shares were traded in the counter as against an average daily volume of 1.68 lakh shares in the past one quarter.

The stock hit a high of Rs 487.65 and a low of Rs 457.90 so far during the day. The stock had hit a record high of Rs 579.60 on 16 October 2012. The stock had hit a 52-week low of Rs 406.50 on 5 June 2012.

The stock had underperformed the market over the past one month till 26 April 2013, sliding 1.55% compared with the Sensex's 3.11% gain. The scrip had, however, outperformed the market in past one quarter, sliding 2.1% as against Sensex's 4.06% fall.

India's largest FMCG company by sales has equity capital of Rs 216.25 crore. Face value per share is Re 1.

Hindustan Unilever's (HUL) net profit surged 41.06% to Rs 3796.67 crore on 16.7% growth in total income from operations to Rs 25810.21 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012).

HUL's consolidated net profit jumped 37.2% to Rs 3828.98 crore on 15.22% growth in total income from operations to Rs 27003.99 crore in FY 2013 over FY 2012.

HUL's board of directors at a meeting held today, 29 April 2013, recommended final dividend of Rs 6 per share for FY 2013.

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. HUL is a subsidiary of Unilever Plc, one of the world's leading suppliers of fast moving consumer goods with strong local roots in more than 100 countries across the globe.

Powered by Capital Market - Live News