HUL drops after declaring muted Q4 result

Hindustan Unilever fell 1.28% to Rs 842 at 15:05 IST on BSE, after net profit rose 7.02% to Rs 1089.59 crore on 3.26% growth in total income to Rs 8027.91 crore in Q4 March 2016 over Q4 March 2015.

The result was announced during market hours today, 9 May 2016.

Meanwhile, the S&P BSE Sensex was up 474.32 points or 1.88% at 25,702.82

On BSE, so far 3.06 lakh shares were traded on the counter as against average daily volume of 1.13 lakh shares in the past one quarter. The stock hit a high of Rs 869 and a low of Rs 840.25 so far during the day. The stock had hit a 52-week high of Rs 944 on 8 July 2015. The stock had hit a 52-week low of Rs 765.35 on 27 January 2016. The stock had underperformed the market over the past one month till 6 May 2016, falling 2.14% compared with 1.32% rise in the Sensex. The scrip had also underperformed the market in past one quarter, gaining 0.95% as against Sensex's 2.48% rise.

The large-cap company has equity capital of Rs 216.39 crore. Face value per share is Re 1.

HUL is a leading fast moving consumer goods (FMCG) company.

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