Overall a very good quarter for Hindustan Unilever with standalone sales up by 6% and PAT by 21%. Consolidated basis also sales up by 6% and profit after tax up by 23% on an year-on-year basis.
HUL Operating profit up by 5% (standalone) and 14% (consolidated) in Sep 2019 quarter. Standalone profit before tax and depreciation was down by 8% but on consolidated basis PBDT up by 13%. Earning per share up by 21% and 24% respectively.
On both daily and weekly chart stock is in good strength both ADX and Macd in positive territory. HINDUNILVR gained 32% in last 1 year, comparatively a good number compared to many other large cap stocks.
With its strong sales and profit growth further upside possible in HINDUNILVR in the coming weeks/months.