HUL up 2% on Euro 50 mn investment plan

Hindustan Unilever gained on Monday after the FMCG major timed its announcement of investing Euro 50 million to set up its first Asian aerosol deodorant manufacturing facility in Khamgaon, Maharashtra, with the visit of UK Prime Minister David Cameron to its center in Mumbai. The British PM started his 2 day visit to India with Mumbai. The Prime Minister also made several encouraging statements on his first day of the three day visit. Shares of the company are trading at Rs 470.10, up Rs 8.7, or 1.89% at the Bombay Stock Exchange (BSE) on Monday at 3:53 p.m.The scrip has touched an intra-day high of Rs 471.40 and low of Rs 462.20. The total volume of shares traded at the BSE is 109,115.In the earlier session, the shares declined 0.61%, or Rs 2.85, at Rs 461.40. Currently, the stock is trading down 18.89% from its 52-week high of Rs 579.60 and above 24.93% over the 52-week low of Rs 376.30.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 452.30 9.10 2.01 1 Month 500.55 (39.15) (7.82) 3 Months 521.35 (59.95) (11.50) 6 Months 502.10 (40.70) (8.11) 1 Year 385.25 76.15 19.77 Note: Based on previous day closing price.