HUL scales record high

Hindustan Unilever rose 2.34% to Rs 760.25 at 13:54 IST on BSE, with the stock extending recent gains on follow-up buying.

Meanwhile, the S&P BSE Sensex was down 55.35 points or 0.21% at 26,720.34

On BSE, so far 77,562 shares were traded in the counter as against average daily volume of 1.11 lakh shares in the past one quarter.

The stock hit a record high of Rs 763.40 in intraday trade today, 24 September 2014. The stock hit a low of Rs 743.10 so far during the day. 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 September 2014, rising 5.47% compared with 1.35% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 20.35% as against Sensex's 6.97% rise.

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

Shares of Hindustan Unilever (HUL) gained 3.07% in three trading days from a recent low of Rs 737.55 on 19 September 2014.

HUL's net profit rose 3.7% to Rs 1056.85 crore on 12.2% growth in total income to Rs 7958.09 crore in Q1 June 2014 over Q1 June 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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