Trending stocks: Hindustan Unilever shares down nearly 1%

NEW DELHI: Shares of Hindustan Unilever Ltd. traded nearly 1 per cent down in Wednesday's trade at 10:43AM (IST). Around 38,230 shares changed hands on the counter.

The stock opened at Rs 2119.0 and touched an intraday high and low of Rs 2119.0 and Rs 2085.05, respectively, in the session so far. Shares of the company of Hindustan Unilever Ltd. quoted a 52-week high of Rs 2614.0 and a 52-week low of Rs 1660.0.

Total market cap of the Hindustan Unilever Ltd. stood at Rs 492730.43 crore at the time of writing this report.


FMCG major HUL said the coronavirus pandemic has imposed incremental operating costs on the business and there will be some impact on its profitability in the short term

Key Financials
The company reported consolidated net sales of Rs 9078.0 crore for the quarter ended 31-Mar-2020, down 9.02 per cent from previous quarter's Rs 9978.0 crore and down 9.64 per cent from the year-ago quarter's Rs 10047.0 crore.

The net profit for latest quarter stood at Rs 1515.0 crore, down 3.56 per cent from the corresponding quarter last year.

Shareholding pattern
As of 21-Apr-2020, domestic institutional investors held 2.58 per cent stake in the company, while foreign institutional investors held 12.04 per cent and the promoters 0.0 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 73.02 and a price-to-book ratio of 54.94. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Hindustan Unilever Ltd. belongs to the Personal Care industry.