Previous close | 2,230.70 |
Open | 2,209.95 |
Bid | 2,223.50 x 0 |
Ask | 2,230.00 x 0 |
Day's range | 2,209.95 - 2,243.40 |
52-week range | 2,170.25 - 2,768.50 |
Volume | |
Avg. volume | 114,864 |
Market cap | 5.229T |
Beta (5Y monthly) | 0.07 |
PE ratio (TTM) | 50.90 |
EPS (TTM) | 43.72 |
Earnings date | 18 Jul 2024 - 22 Jul 2024 |
Forward dividend & yield | 48.00 (2.15%) |
Ex-dividend date | 13 Jun 2024 |
1y target est | 1,840.38 |
BENGALURU/CHENNAI (Reuters) -Hindustan Unilever, the Indian arm of UK's Unilever, posted a bigger-than-expected fall in quarterly profit on Wednesday, but indicated signs of a much-anticipated sales recovery in rural areas. Lower prices of select raw materials have also allowed a few of Hindustan Unilever's brands as well as that of peers such as Saffola-owner Marico to cut prices and stay competitive. Hindustan Unilever said its profit fell nearly 6% to 24.06 billion rupees ($288.9 million), missing estimates of 24.44 billion rupees, according to LSEG.
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CHENNAI (Reuters) -Hindustan Unilever (HUL), the Indian arm of UK's Unilever, posted a smaller-than-expected increase in quarterly profit on Friday as competition in the consumer goods space heated up and demand in rural regions remained low. Consumer goods giants, including HUL peers Nestle India and Britannia Industries, have been struggling with a spending pullback in the rural regions as prices of essentials have shot up.