Friday 16 January 2015

HUL stock up 2%

Hindustan Unilever (HUL) seem to be on joyride, as the stock so far in the month has skyrocketed over 24 per cent (Rs 144) till the date. 


The buying at the counter is on the back of recent upgrades by some foreign broking firms and also in anticipation of a strong show on the earnings front.


The company will be announcing its Q3 earnings next week on January 19, 2015.


Hindustan Unilever has registered a fresh record high at Rs. 944, and is now up almost a per cent at Rs. 938.


So far on the Bombay Stock Exchange (BSE), the counter has seen trades of around 96,000 shares, as against the two-week daily average volume of 252,000 shares.

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