• Trading Account
  • Downloads
  • Nifty Options OI
    • Nifty Max Pain Chart
    • Nifty Option Change in OI Chart
    • Nifty Put Call Ratio
    • Nifty Option Total Change in OI
    • Nifty Trend Finder
  • BankNifty Option OI
  • About Us
  • Learn Technical Analysis
    • Advance Option Trading Course

OurNifty.com

A Indian Stock Market Blog

  • Forex
  • Gold
  • Intraday Stocks
  • Midcap Stocks
  • Multibagger
  • Nifty
  • Nifty Option
  • NSE
  • Amibroker

Hindustan Unilever Q2 Results Announced, Net Profit Jumps 34.76% at Rs.566 Cr

By Bhaveek Patel Leave a Comment

Hindustan Unilever Limited (HUL) has announced its second quarter results of 2010. Company has reported net profit at Rs.566 crore vs Rs.420 crore (last), shows growth of 34.76% on year-on-year basis (YoY). Its net sales jumped 10.9% at Rs.4,680 crore versus Rs 4,220 crore in same period of FY10. Adjusted profit after tax of the company was reported at Rs.566 crore versus Rs.499.7 crore, hence a growth of 13.27%. Operating profit margin (OPM) declined at 13.8% versus 15.4% due to increase in cost of raw materials.

The company has declared interim dividend of Rs.3/share (good dividend).


Our trading view: Buy HUL above 295 levels for target of 319 / 333 in short term. Stop loss should be placed at 286. If this stock is held for long term(more than 2 years), the returns expected can be around 60%. We see a very limited downside from here.

Share
Tweet
Pin
0 Shares

You Should Read This:

  1. NTPC Q1 Result Surprises Markets, Net Profit Jumps 13% at Rs.2,076 cr NTPC Ltd. India’s largest power generation company has declared its first quarter Q1 result for FY12 today. The company reported about 13% jump in its net profit to Rs.2,076 crore versus Rs.1841.9 crore in the...
  2. DLF Announced its Q2 Result, Net Profit at Rs.418cr Reality major, DLF has announced its second quarter results today. Its second quarter total sales were up at Rs.2,369 cr versus Rs.1,750.9 cr last, YOY (year on year basis). Also, its consolidated net profit was...
  3. BHEL Declares its Q1 Result for FY12, Net Profit Jumps by 22% at Rs.815 crore BHEL has declared its Q1 (first quarter) result for FY12 (financial year 12), We have seen a jump of 22% in its net profit on YoY basis. In this quarter, company’s net profit jumped to...
  4. Axis Bank Q3 Net Profit Jumps 35.82% to Rs.891 crore. A leading private sector bank Axis Bank Ltd. has announced its third quarter (ended December 2010) results today. The company has reported net profit of Rs 891 crore in Q3FY11 as against Rs 656 crore...
  5. Bajaj Auto Declares Q1 Results net profit jumps 20.5% at Rs 711 crore India’s second largest two wheeler producer Bajaj Auto Ltd. has declared its first quarter FY12 net profit of Rs/711 cr, a growth of 20.5% as compared to Rs.590 crore for the same period a year...

Category: Results Tags: HINDUNILVR/ HUL/ Results

About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous Post: Nifty 6100 Call For Intraday on 25-Oct-2010
Next Post: Gujarat Ambuja Exports Limited (GAEL) Can Be a Multibagger Stock in Few Months

Advance Options Trading Course

options trading course

Lowest Brokerage Trading A/c

Lowest brokerage trading account opening in India

Learn Technical Analysis

technical analysis course

Recent Articles

  • ASX Penny Stocks List for 2025
  • 7 Ways to Boost Your Revenue
  • NYSE Penny Stocks List for 2025
  • Short On Cash? Here’s How You Can Manage Your Priority Spends
  • FREE Webinar on Option Chain Analysis
  • LSE Penny stocks list for trading in 2025 Should you buy?
  • BSE Penny Stocks List 2025

Popular Categories

Amibroker Finance Forex Gold Intraday Stocks IPO Midcap Stocks Multibagger NEWS Nifty Nifty Option NSE Results Short Term Stocks Technical Analysis

About Us | Contact Us | Privacy Policy | Disclaimer


Copyright © 2009 - 2025 OurNifty.com Trading ideas published here cannot be reproduced without permission from the author.
OurNifty is Powered by Wordpress and hosted on Digital Ocean