P&G Hygiene gains after good Q1 result

Procter & Gamble Hygiene and Health Care rose 1.09% to Rs 5,404 at 12:11 IST on BSE after net profit rose 12.2% to Rs 61.50 crore on 16.1% growth in total income to Rs 597.53 crore in Q1 September 2014 over Q1 September 2013.

The result was announced after market hours yesterday, 30 October 2014.

Meanwhile, the BSE Sensex was up 349.94 points, or 1.28%, to 27,696.27

On BSE, so far 80,733 shares were traded in the counter, compared with an average volume of 3,329 shares in the past one quarter.

The stock hit a high of Rs 5,435 and a low of Rs 5,252 so far during the day. The stock hit a record high of Rs 5,510 on 21 August 2014. The stock hit a 52-week low of Rs 2,727.30 on 1 November 2013.

The stock had underperformed the market over the past one month till 30 October 2014, falling 0.66% compared with 2.69% rise in the Sensex. The scrip, however, outperformed the market in past one quarter, surging 16.55% as against Sensex's 4.83% rise.

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

Procter & Gamble Hygiene and Health Care said that both the Feminine Care and Health Care businesses continued to deliver robust double-digit growth in a competitive market environment behind superior products, strong innovation and product portfolio strength. The launch of Old Spice is delivering in-line with expectations, the company said.

Procter & Gamble Hygiene and Health Care is one of India's fastest growing FMCG companies that has in its portfolio Whisper India's leading Feminine Hygiene brand, Vicks India's No. 1 Health Care brand and Old Spice.

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