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HUL Q4 Results: Net profit rises 41% YoY to Rs 2,143 crore, beats estimates; co to pay Rs. 17/share dividend


›HUL Q4 Results: Net profit rises 41% YoY to Rs 2,143 crore, beats estimates; co to pay Rs. 17/share dividend
HUL Q4 Results: Net profit rises 41% YoY to Rs 2,143 crore, beats estimates; co to pay Rs. 17/share dividend
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HUL Q4 Results: Net profit rises 41% YoY to Rs 2,143 crore, beats estimates; co to pay Rs. 17/share dividendETMarkets.com
Last Updated: Apr 29, 2021, 03:21 PM IST
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MUMBAI: Hindustan Unilever on Thursday reported a 41 per cent year-on-year jump in its net profit to Rs. 2,143 crore for the quarter ended March, which was sharply above analysts’ estimates. ....

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Weekly stock recommendations by Ajit Mishra: Buy HCL Tech, HUL


Initiation range: Rs 1,045-1055
Target: Rs 990
Stop loss: Rs 1,075
Voltas has been hovering in a range after the phenomenal run from roughly Rs 425 to a record high of Rs 1,132. It slipped below the immediate support zone of the short-term moving average (20-EMA) on the daily charts on March 16 and is likely to see some profit-taking ahead. Traders may consider creating fresh shorts in the mentioned zone.
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Stocks to watch: Axis Bank, HUL, Maruti Suzuki, IndiGo, PVR, ABFRL, Nalco


PVR, Inox Leisure: Stocks of multiplex operators will be in focus after the Ministry of Home Affairs (MHA) on Wednesday allowed cinema halls and theatres to operate with more people. At present, cinema screens are operating with 50 per cent seating restrictions. Meanwhile, PVR also launched QIP in order to raise funds. The floor price of Rs 1,495.93 per share is a 0.7% premium to Wednesday s closing price.
ABFRL: Aditya Birla Fashion and Retail (ABFRL) has announced a strategic partnership with designer brand Sabyasachi by signing a definitive agreement for acquiring 51% stake in Sabyasachi brand.
Union Bank of India: The firm will raise Rs 205 crore by issuing Basel III compliant bonds later this week. The bank is issuing Basel III compliant perpetual debt instruments in the nature of debentures on a private placement basis. ....

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