Hindustan Unilever Ltd is up for a third straight session today. The stock is quoting at Rs 1578.75, up 1.07% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 1.3% on the day, quoting at 10317.65. The Sensex is at 34405.27, down 1.08%. Hindustan Unilever Ltd has slipped around 2.62% in last one month.

Meanwhile, Nifty FMCG index of which Hindustan Unilever Ltd is a constituent, has slipped around 5.51% in last one month and is currently quoting at 28623.35, up 0.38% on the day. The volume in the stock stood at 5.49 lakh shares today, compared to the daily average of 18 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 1570.2, up 1.17% on the day. Hindustan Unilever Ltd is up 26.31% in last one year as compared to a 1.3% jump in NIFTY and a 13.03% jump in the Nifty FMCG index.

The PE of the stock is 57.73 based on TTM earnings ending September 18.

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Hindustan Unilever announced that the Board of Directors of the Company at its meeting held on 12 October 2018, inter alia, have recommended the interim dividend of Rs 9 per equity Share (i.e. 900%) , subject to the approval of the shareholders.

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Net profit of Hindustan Unilever rose 19.51% to Rs 1525.00 crore in the quarter ended September 2018 as against Rs 1276.00 crore during the previous quarter ended September 2017. Sales rose 11.45% to Rs 9138.00 crore in the quarter ended September 2018 as against Rs 8199.00 crore during the previous quarter ended September 2017.

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Hindustan Unilever will pay interim dividend to the shareholders on or after 01 November 2018.

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