HUL share price falls over 2% ahead of Q3 result
The FMCG major is expected to report healthy double-digit growth in PAT and revenue
January 27, 2021 / 11:51 AM IST
Hindustan Unilever (HUL) share price fell more than 2 percent intraday on January 27, the day on which it will report its December quarter earnings.
The FMCG major is expected to report healthy double-digit growth in PAT and revenue, according to experts.
Brokerages expect demand recovery in most discretionary consumption categories, in-line with the opening up of the economy.
Besides, brokerages expect good recovery and growth in most personal care categories.
Also Read - HUL to announce December quarter numbers today: Here's what to expect
At 11:20 hrs, Hindustan Unilever was quoting at Rs 2,353.95, down Rs 45.65, or 1.90 percent on the BSE.
The share touched its 52-week high Rs 2,614 and 52-week low Rs 1,756 on 08 April 2020 and 19 March 2020, respectively.
Currently, it is trading 9.95 percent below its 52-week high and 34.05 percent above its 52-week low.