HUL to be watched after Q1 result

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Capital Market
Last Updated : Jul 17 2018 | 9:50 AM IST

Hindustan Unilever (HUL)'s net profit rose 19.17% to Rs 1529 crore on 11.37% rise in net sales to Rs 9356 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 16 July 2018.

BEML and Larsen & Toubro signed a Memorandum of Understanding (MoU) to jointly capitalise on the emerging opportunities in the domestic and export markets for defence products and systems. The cooperation between the two organisations is aimed to leverage on 'Make in India' initiative for increased value addition within the country in development/manufacturing and long-term support for defence and export business in identified areas/projects/programs, thus synergising their combined strengths. The announcement was made after market hours yesterday, 16 July 2018.

Bharat Electronics (BEL) has signed a Memorandum of Understanding (MoU) with Saab, Sweden, recently for jointly marketing the L-Band 3D Air Surveillance Radar, RAWL-03, co-developed by BEL and Saab. The announcement was made after market hours yesterday, 16 July 2018.

Sintex Plastics Technology consolidated net profit dropped 46.81% to Rs 37.53 crore on 12.18% fall in net sales to Rs 1325.21 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 16 July 2018.

Jay Bharat Maruti net profit rose 32.81% to Rs 13.44 crore on 34.1% rise in net sales to Rs 505.93 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 16 July 2018.

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First Published: Jul 17 2018 | 8:44 AM IST

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