Market News
1 min read | Updated on July 24, 2024, 20:20 IST
SUMMARY
The share price of Hindustan Unilever Ltd (HUL) on Wednesday ended at ₹2,716.80, down 1.80% on the BSE. During the day, it went lower by 3.33% to ₹2,674.10.
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The company's market valuation eroded by ₹11,677.47 crore to ₹6,38,336.95 crore.
The stock ended at ₹2,716.80, down 1.80% on the BSE. During the day, it went lower by 3.33% to ₹2,674.10.
At the NSE, it dipped 1.64% to settle at ₹2,720.95. During the day, shares of the company declined 3.29% to ₹ 2,675.10.
The company's market valuation eroded by ₹11,677.47 crore to ₹6,38,336.95 crore.
The FMCG major had posted a net profit of ₹ 2,556 crore in June quarter FY24, according to a regulatory filing from HUL on Tuesday.
Revenue from sales of products in the quarter was marginally up 1.68% to ₹15,497 crore as against ₹15,240 crore a year ago.
The company delivered a 4% volume growth during the quarter, according to an earning statement from HUL.
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