HUL extends fall after declaring Q2 results

Hindustan Unilever fell 2.43% to Rs 739.45 at 14:23 IST on BSE, with the stock extending intraday fall after declaring Q2 result during market hours today, 27 October 2014.

Meanwhile, the S&P BSE Sensex was down 19.66 points or 0.07% at 26,824.49

On BSE, so far 1.35 lakh shares were traded in the counter as against average daily volume of 1.05 lakh shares in the past one quarter.

The stock hit a high of Rs 765 and low of Rs 736 so far during the day. The stock had scaled a record high of Rs 771 on 25 September 2014. The stock hit a 52-week low of Rs 536 on 15 January 2014.

The stock had outperformed the market over the past one month till 23 October 2014, rising 2.03% compared with Sensex's 0.28% rise. The scrip had also outperformed the market over the past one quarter, gaining 19.83% as against Sensex's 2.69% rise.

The large-cap FMCG company has an equity capital of Rs 216.32 crore. Face value per share is Re 1.

Hindustan Unilever (HUL's) net profit rose 8.13% to Rs 988.16 crore on 11.26% growth in total income to Rs 7837.13 crore in Q2 September 2014 over Q2 September 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.

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