Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Hindustan Unilever Plunges 3%; BSE FMCG Index Down 0.1%
Wed, 24 Jul 9:53

Hindustan Unilever Plunges 3%; BSE FMCG Index Down 0.1%Image source: bluebay2014/www.istockphoto.com

Hindustan Unilever share price has plunged 3% and is presently trading at Rs 2,692.0.

Meanwhile, the BSE FMCG index is at 22,532.2 (down 0.1%).

Among the top losers in the BSE FMCG index today are Dabur (down 4.3%) and Godrej Consumer (down 3.0%).

AVANTI FEEDS (up 7.5%) and Shree Renuka Sugars (up 4.5%) are among the top gainers today.

Over the last one year, Hindustan Unilever has moved up from Rs 2,580.2 to Rs 2,692.0, registering a gain of Rs 111.8 (up 4.3%).

On the other hand, the BSE FMCG index has moved up from 18,998.8 to 22,532.2, registering a gain of 18.6% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 156.0%), JYOTHY LABS (up 115.3%) and BOM.BURMAH (up 93.9%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 80,190.2 (down 0.3%).

The top losers among the BSE Sensex today are Bajaj Finance (down 2.3%) and Nestle (down 1.9%). The most traded stocks in the BSE Sensex are ITC and Tata Steel.

In the meantime, NSE Nifty is at 24,375.4 (down 0.4%). Tata Consumer Products and Bajaj Finance are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,384.8 to 80,190.2, registering a gain of 13,805.4 points (up 20.8%).

Hindustan Unilever Financial Update...

Hindustan Unilever net profit grew 2.2% YoY to Rs 26,140 million for the quarter ended June 2024, compared to a profit of Rs 25,570 million a year ago. Net sales rose 1.4% to Rs 157,070 million during the period as against Rs 154,960 million in April-June 2023.

For the year ended March 2024, Hindustan Unilever reported 1.4% increase in net profit to Rs 102,820 million compared to net profit of Rs 101,430 million during FY23. Revenue of the company grew 2.2% to Rs 618,960 million during FY24.

The current Price to earnings ratio of Hindustan Unilever, based on rolling 12 month earnings, stands at 61.2.


Equitymaster requests your view! Post a comment on "Hindustan Unilever Plunges 3%; BSE FMCG Index Down 0.1%". Click here!