Hindustan Unilever Ltd gained for a fifth straight session today. The stock is quoting at Rs 1755.1, up 0.38% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.72% on the day, quoting at 11325.65. The Sensex is at 37440.52, up 0.74%. Hindustan Unilever Ltd has risen around 4.72% in last one month.

Meanwhile, Nifty FMCG index of which Hindustan Unilever Ltd is a constituent, has risen around 7.23% in last one month and is currently quoting at 31075.25, up 0.44% on the day. The volume in the stock stood at 4.04 lakh shares today, compared to the daily average of 16.43 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 1758, up 0.37% on the day. Hindustan Unilever Ltd is up 47.23% in last one year as compared to a 12.51% spurt in NIFTY and a 22.16% spurt in the Nifty FMCG index.

The PE of the stock is 68.13 based on TTM earnings ending June 18.

Powered by Capital Market - Live News

Hindustan Unilever Ltd is up for a third straight session in a row. The stock is quoting at Rs 1691.4, up 2.15% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.15% on the day, quoting at 11026.75. The Sensex is at 36531.23, up 0.1%. Hindustan Unilever Ltd has added around 4.72% in last one month.

Meanwhile, Nifty FMCG index of which Hindustan Unilever Ltd is a constituent, has added around 5.18% in last one month and is currently quoting at 29281, up 2.35% on the day. The volume in the stock stood at 9.7 lakh shares today, compared to the daily average of 16.54 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 1695.7, up 2.2% on the day. Hindustan Unilever Ltd is up 45.89% in last one year as compared to a 10.64% gain in NIFTY and a 15.12% gain in the Nifty FMCG index.

The PE of the stock is 64.52 based on TTM earnings ending June 18.

Powered by Capital Market - Live News

Meanwhile, the S&P BSE Sensex was up 55.06 points, or 0.15% to 36,379.89

On the BSE, 2.01 lakh shares were traded in the counter so far compared with average daily volumes of 64,000 shares in the past two weeks. The stock had hit a record high of Rs 1,779.95 in intraday trade today, 17 July 2018. The stock had hit a low of Rs 1,685.05 so far during the day. The stock hit a 52-week low of Rs 1,131 on 17 July 2017.

Ahead of the result, shares of Hindustan Unilever (HUL) had gained 3.94% to settle at Rs 1,753.85 on 16 July 2018 from its close of Rs 1,687.25 on 10 July 2018.

HUL reported 19.17% rise in net profit to Rs 1529 crore on 11.37% rise in net sales to Rs 9356 crore in Q1 June 2018 over Q1 June 2017. The financial results for the quarter have been prepared in compliance with the Indian Accounting Standards (Ind AS). The company has integrated Foods and Refreshment divisions in this quarter. Accordingly, the company will report its results in the following three operating segments viz. Home Care, Beauty & Personal Care and Foods & Refreshment, along with a residual segment for 'Others'.

HUL said that cost of goods sold were lower on account of mix, judicious pricing and a strong savings program. Advertising and promotions were stepped up to support innovations, activations and respond to competitive actions in the market place. Earnings before interest, tax, depreciation and amortisation (EBITDA) at Rs 2251 crores was up by 21%. Profit after tax before exceptional items, PAT (bei), at Rs 1567 crore was up by 21%.

Sanjiv Mehta, Chairman and Managing Director, HUL said that the company achieved double digit volume growth across all three divisions and further improvement in margins. This quarter also saw the integration of Foods and Refreshment divisions which will the company increase organisational agility and better serve local consumers while harnessing the advantages of global scale.

In the near term, we see gradual improvement in demand and our focus will continue to be on innovations and market development.

Crude volatility and currency led inflation are key risks going ahead and the company will continue to manage our business dynamically while driving operational efficiencies.

HUL is India's largest fast moving consumer goods company.

Powered by Capital Market - Live News

Net profit of Hindustan Unilever rose 19.17% to Rs 1529.00 crore in the quarter ended June 2018 as against Rs 1283.00 crore during the previous quarter ended June 2017. Sales rose 11.37% to Rs 9356.00 crore in the quarter ended June 2018 as against Rs 8401.00 crore during the previous quarter ended June 2017.

Powered by Capital Market - Live News