HUL trades better on the bourses

HUL trades better on the bourses

by admin- Tuesday, October 31st, 2017 04:52:33 PM

Hindustan Unilever (HUL) is currently buying and selling at Rs. 1241.15, up through five.25 factors or zero.Forty two% from its previous closing of Rs. 1235.Ninety on the BSE.

The scrip opened at Rs. 1236.00 and has touched a high and low of Rs. 1248.95 and Rs. 1234.00 respectively. So some distance 21429 stocks had been traded on the counter.

The BSE group ‘A’ inventory of face value Rs. 1 has touched a fifty two week high of Rs. 1288.00 on 26-Oct-2017 and a fifty two week low of Rs. 782.95 on 23-Dec-2016.

Last one week excessive and occasional of the scrip stood at Rs. 1288.00 and Rs. 1232.00 respectively. The modern-day marketplace cap of the organisation is Rs. 268178.89 crore.

The promoters keeping inside the agency stood at 67.19%, whilst establishments and non-institutions held 19.07% and 13.Seventy three% respectively.

FMCG main HUL is all set to spend Rs 2,084 crore for dividend payment to shareholders in addition to the dividend distribution tax inside the present day financial.

The organisation’s board has declared an interim dividend of Rs eight in line with percentage of face value Re 1 each for the year finishing March 2018. The dividend amounting to Rs 1,732 crore will cowl approximately 216 crore shares. Besides, there’s a Rs 352 crore dividend distribution tax as a way to be borne by means of the enterprise.

Last economic, the organization had paid dividends amounting to Rs 1,515 crore for comparable range of shares, down 14.32 in step with cent. The dividend distribution tax turned into Rs 308 crore ultimate 12 months.

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