Hindustan Unilever (HUL) has changed direction and is now trading with significant losses owing to profit-taking at higher levels.
The stock this morning surged to a fresh all-time high of Rs. 908, and was up over 20 per cent in the last seven trading sessions at the highest point of the day.
The stock, however, has now dropped to a low of Rs. 877 - down 3.5 per cent from the day's high.
The stock is now down 2 per cent to Rs. 877.
The counter has seen trades of around 342,000 shares as against the two-week daily average volume of around 169,000 shares on the BSE.
The stock had rallied smartly on the back of ratings upgrade by select foreign broking firms.
The company is scheduled to announce its earnings on January 19, 2015.
Meanwhile, the Sensex has suddenly tumbled into red and is now down 235 points at 27,351
The stock this morning surged to a fresh all-time high of Rs. 908, and was up over 20 per cent in the last seven trading sessions at the highest point of the day.
The stock, however, has now dropped to a low of Rs. 877 - down 3.5 per cent from the day's high.
The stock is now down 2 per cent to Rs. 877.
The counter has seen trades of around 342,000 shares as against the two-week daily average volume of around 169,000 shares on the BSE.
The stock had rallied smartly on the back of ratings upgrade by select foreign broking firms.
The company is scheduled to announce its earnings on January 19, 2015.
Meanwhile, the Sensex has suddenly tumbled into red and is now down 235 points at 27,351
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