P&G Hygiene and Health Care jumps after posting strong Q2 results

Image
Capital Market
Last Updated : Feb 08 2016 | 9:34 PM IST

Procter & Gamble Hygiene and Health Care jumped 9.39% to Rs 6,000.10 at 15:00 IST on BSE after net profit jumped 61.81% to Rs 146.70 crore on 10.98% rise in total income to Rs 734.29 crore in Q2 December 2015 over Q2 December 2014.

The result was announced during market hours today, 8 February 2016.

Meanwhile, the S&P BSE Sensex was down 255.33 points or 1.04% at 24,361.64.

On BSE, so far 3,259 shares were traded in the counter as against average daily volume of 5,974 shares in the past one quarter. The stock hit a high of Rs 6,049 and a low of Rs 5,760 so far during the day. The stock had hit a record high of Rs 7,435 on 17 March 2015. The stock had hit a 52-week low of Rs 5,171 on 18 January 2016.

The large-cap company has equity capital of Rs 32.46 crore. Face value per share is Rs 10.

Procter & Gamble Hygiene and Health Care said that the company continues to focus on productivity and cost efficiency. Both the feminine care and health care businesses continued to deliver strong double digit sales growth n a competitive market environment behind superior value propositions and strength of product portfolio.

Procter & Gamble Hygiene and Health Care is one of the fastest growing FMCG companies in India.

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 08 2016 | 2:55 PM IST

Next Story