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    HomeNewsBusinessStocksHUL trading flat after hitting life time high on Monday

    HUL trading flat after hitting life time high on Monday

    Hindustan Unilever was trading flat after posting stellar results yesterday. The stock has rallied close to 34% in last six months.

    November 01, 2011 / 12:33 IST

    Hindustan Unilever was trading flat after posting stellar results yesterday. The stock has rallied close to 34% in last six months.

    (HUL) posted a 21% growth in its quarterly profit helped by price hikes and better-than-expected volume growth on Monday.

    However, the maker of brands such as Dove soap, Clinic shampoo and Close-Up toothpaste said rupee depreciation posed a challenge even as competitive pressures and input cost inflation showed little signs of easing in the near-term, with input prices rising by 25-40% from a year ago.

    Click here to view full results

    Check out what analyst say on CNBC-TV18:

    Abhijit Paul, AVP-Technical Analyst, Brics Securities said that,

    first published: Nov 1, 2011 10:37 am

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