Meanwhile, the BSE Sensex was down 47.59 points, or 0.25%, to 19,339.55.
On BSE, 2.56 lakh shares were traded in the counter as against an average daily volume of 1.37 lakh shares in the past one quarter.
The stock hit a high of Rs 547.95 and a low of Rs 528.10 so far during the day. The stock had hit a record high of Rs 579.60 on 16 October 2012. The stock had hit a 52-week low of Rs 375.10 on 31 January 2012.
The stock had underperformed the market over the past one month till 11 December 2012, rising 2.74% compared with the Sensex's 3.77% rise. The scrip had also underperformed the market in past one quarter, rising 2.28% as against Sensex's 8.59% rise.
The large-cap FMCG company has an equity capital of Rs 221.51 crore. Face value per share is Re 1.
Investors were concerned after Unilever's Indonesian subsidiary, Unilever Indonesia, agreed to pay a higher royalty fee to Unilever.
Media reports suggest that Unilever Indonesia has agreed to sign five-year trademark licence, technology licence and central service agreements with the parent company for about 20% to 50% of Unilever Indonesia's equity.
As of 1 January 2013, the Indonesian subsidiary has agreed to pay 5% fee and a maximum of 3% actual cost recovery, compared with the current 3.5% fee, reports added.
Hindustan Unilever (HUL)'s net profit rose 17.13% to Rs 806.92 crore on 11.6% increase in net sales to Rs 6155.41 crore in Q2 September 2012 over Q2 September 2011.
HUL is India's largest fast moving consumer goods (FMCG) company.
Powered by Capital Market - Live News
