Shares of Hindustan Unilever dipped more than 5% and hit the monthly low of Rs281.65 after the company has reported poor Q3 numbers. So far, 8.78 lakh shares have traded on the BSE as against the two-week average volume of 6.72 lakh shares.
- Net sales grew by 11.6% year on year (yoy) to Rs5,027 crore
- The operating profit margin (OPM) declined by 242 basis points yoy to 12.4%, affected by higher raw material cost and ad-spends.
• JM Financial to buyback of upto 10 percent of equity capital.
ReplyDelete• Strides Shasun announces completion of US FDA inspection at the API facility of the company at Cuddalore with zero 483 observations
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