HUL gains over 2% as Q3 volume growth beats Street expectations; ITC flat

Hindustan Unilever (HUL) gained around 2 per cent on Saturday, a day after the company reported a volume growth of 5 per cent in the third quarter of the current fiscal (Q3FY20), ahead of analysts' estimates of 3-4 per cent.

At 09:36 am, the stock was trading over 2 per cent higher at Rs 2,082.70 apiece on the BSE. It hit a high of Rs 2,088.35 till the time of writing of this report. 

HUL's profit before tax (PBT) grew 14.3 per cent to Rs 2,229 crore, while its net profit grew nearly 12 per cent Rs 1,616 crore year-on-year (YoY).

Revenue (which