Hindustan Unilever, one of the leading FMCG firms, witnessed a rise in share price on Friday after it announced on Friday a rise in fourth quarter profit of 16.74% to Rs 10.18 billion for the quarter ended Mar. 31, 2015 as compared to net profit Rs 8.72 billion in the same period last year. Market expected the profit to come at Rs 9.58 billion.
Total income has increased by 7.17% to Rs 77.74 billion for the quarter ended Mar. 31, 2015 from Rs 72.44 billion in the year ago period.
Shares of the company are trading at Rs 886.25, up Rs 20.55, or 2.37% at the Bombay Stock Exchange (BSE) on Friday at 2:44 p.m.
The scrip has touched an intra-day high of Rs 906.65 and low of Rs 854.70. The total volume of shares traded at the BSE is 524,090.