The Stock Market Expert report says On Tuesday, the FMCG company Hindustan Unilever (HUL) stock rose more than 2 percent and stocks reached 52 weeks high due to better results from the March quarter. With the boom in stocks, the company's investors got more than Rs 8,000 crore in minutes.
HUL profits up 14%
On Monday, HUL released the fourth quarter results. In the fourth quarter of the fiscal year 2018, the company's profits rose 14 percent to Rs 1,351 crore. In the fourth quarter of the financial year 2017, the company had a profit of Rs 1,183 crore.
Stock at 52 weeks high
In the fourth quarter, the effect of the company's good results shows on the stock. On Tuesday, the stock rose 2.54 percent to Rs 1,543.25, which is a new 52 week high.
On the NSE, the stock was open at a price of Rs 1,530 and rose 2.58 percent to Rs 1,542.40 during the trading.
Income of Rs 99097 Crore
According to the Stock Market Expert, In the fourth quarter of the fiscal year 2018, HUL's earnings increased 2.5 percent to Rs 9,097 crore. The company's income was Rs 8,875 crore in the same period a year ago. In the third quarter of the fiscal year 2018, the company's earnings stood at Rs 8,590 crore.
The announcement of 12 rupees per share dividend
The company has announced a dividend of 12 rupees per share for the financial year 2018.
Investors earn 8 billion
HUL company investors gain more than Rs. 8 thousand crores in the stock swiftly. At the closing price of Friday, the company's market capitalization was Rs 3,25,750.76 crore. At the same time, the market capitalization on High Prices increased by Rs 8,290.15 crore to Rs 3,34,040.91 crore. In this way, in a few minutes, investors have benefited from crores.
If You Have Any Query, You Can Ask With Our Stock Market Expert
HUL profits up 14%
On Monday, HUL released the fourth quarter results. In the fourth quarter of the fiscal year 2018, the company's profits rose 14 percent to Rs 1,351 crore. In the fourth quarter of the financial year 2017, the company had a profit of Rs 1,183 crore.
Stock at 52 weeks high
In the fourth quarter, the effect of the company's good results shows on the stock. On Tuesday, the stock rose 2.54 percent to Rs 1,543.25, which is a new 52 week high.
On the NSE, the stock was open at a price of Rs 1,530 and rose 2.58 percent to Rs 1,542.40 during the trading.
Income of Rs 99097 Crore
According to the Stock Market Expert, In the fourth quarter of the fiscal year 2018, HUL's earnings increased 2.5 percent to Rs 9,097 crore. The company's income was Rs 8,875 crore in the same period a year ago. In the third quarter of the fiscal year 2018, the company's earnings stood at Rs 8,590 crore.
The announcement of 12 rupees per share dividend
The company has announced a dividend of 12 rupees per share for the financial year 2018.
Investors earn 8 billion
HUL company investors gain more than Rs. 8 thousand crores in the stock swiftly. At the closing price of Friday, the company's market capitalization was Rs 3,25,750.76 crore. At the same time, the market capitalization on High Prices increased by Rs 8,290.15 crore to Rs 3,34,040.91 crore. In this way, in a few minutes, investors have benefited from crores.
If You Have Any Query, You Can Ask With Our Stock Market Expert
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