Hindustan Unilever Ltd (HUL) share price gained nearly 2% intra day today after the FMCG firm said all its factories and warehouses, except one in Assam, are now open. Share price of HUL gained 1.94% to Rs 2,148 against previous close of Rs 2,107 on BSE. HUL share has gained 7.21% in last 6 days .
The stock hit its 52-week high of Rs 2,614 on April 8 , 2020 and 52-week low of Rs 1,660 on July 22, 2019. The large cap share trades higher than 5 day, 20 day and 200 day moving averages but lower than 50 day and 100 day moving averages. Total 1.33 lakh shares of the firm changed hands amounting to turnover of Rs 28.17 crore on BSE.
The stock has gained 15.41% in last one year and risen 10.23% since the beginning of this year. 25 of 36 brokerages rate the stock "buy" or 'outperform', 8 "hold", two "underperform" and one "sell", according to analysts' recommendations tracked by Reuters.
The firm said it was able to gradually improve the operations to 70% in April. Now, the company has been able to ramp-up its production to 80-90% of normative levels. "Almost all our suppliers in India, who were not operating at all in the initial period of the lockdown, are now operational. All our office-based employees have continued to work-from-home with effect from March 17, 2020," the firm added.
Copyright©2022 Living Media India Limited. For reprint rights: Syndications Today