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HUL surges on plan to put on block residential properties, land parcels in Metros

13 Mar 2013 Evaluate

Hindustan Unilever is currently trading at Rs. 448.00, up by 3.90 points or 0.88% from its previous closing of Rs. 444.10 on the BSE.

The scrip opened at Rs. 444.10 and has touched a high and low of Rs. 448.00 and Rs. 442.00 respectively. So far 62076 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 579.60 on 16-Oct-2012 and a 52 week low of Rs. 380.60 on 14-Mar-2012.

Last one week high and low of the scrip stood at Rs. 453.00 and Rs. 432.25 respectively. The current market cap of the company is Rs. 96709.44 crore.

The promoters holding in the company stood at 52.49% while Institutions and Non-Institutions held 30.19% and 17.32% respectively.

Hindustan Unilever (HUL), after disposing off its commercial properties, including its former headquarters last year, is now planning to put on block its residential properties and land parcels in cities such as Mumbai, Kolkata and Hyderabad, which could fetch the company a sum of over Rs 100 crore.

The company’s 18 residential properties in posh localities in South Mumbai (one 1,250 square feet flat at Cuffe Parade and an 855 sq ft flat at Altamount Road), Bandra and Parel are expected to fetch it over Rs 50 crore, while those in Kolkata, Hyderabad and other cities too could fetch similar amount.

Last year, Ajay Piramal Group had bought a one acre sea-facing property of the company at Worli in Mumbai for Rs 452.5 crore. The property was put up for sale after HUL shifted its training centre from there to its new premises at Andheri.

Hindustan Unilever Share Price

2241.10 101.65 (4.75%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindustan Unilever 2241.10
Godrej Consumer Prod 1108.20
Dabur India 442.10
Colgate Palmol. (I) 2106.20
P&G Hygiene 10006.55
View more..

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