The BSE Sensex has surged 640 points to 32,083 (up 2.0%).

Among the top gainers in the BSE Sensex today are HUL (up 4.3%), BAJAJ FINANCE (up 3.3%) and TCS (up 3.0%). Other gainers include RELIANCE IND. (up 2.8%) and MARUTI SUZUKI (up 2.7%).

BAJAJ AUTO (down 2.7%) and NESTLE (down 1.0%) are among the top losers today.

In the meantime, the NSE Nifty Index is up 3,299 points to 9,377 (up 1.9%).

The top gainers in the NSE Nifty Index include include HINDALCO (up 4.5%), HUL (up 4.2%) and ZEE ENTERTAINMENT (up 3.7%). Other gainers include GAIL (up 3.6%) and MARUTI SUZUKI (up 2.6%).

Over the last one year, the BSE Sensex has moved up from Rs 38,277 to Rs 32,083, registering a gain of Rs -6,194 (up -16.2%)..

The top gainers among the BSE Sensex stocks during this same period were BHARTI AIRTEL (up 66.4%), NESTLE (up 63.6%) and HUL (up 22.6%).

Which stocks contributed the most to the BSE Sensex?

The biggest contributors to the gain in the Sensex today were HUL (86 points) and BAJAJ FINANCE (68 points).

Among the other contributors were TCS (57 points) and RELIANCE IND. (43 points).

What about the other broader BSE Indices?

The BSE 100 index has gained -2,133 points today and is now trading at 9,475 (down 18.4%). The top gainer here is AVENUE SUPERMARTS LTD (up 76.0%).

The BSE 500 on the other hand gained 2,818 points (up 1.7%), and is currently at 12,141.

HUL share price has zoomed 5% and is presently trading at Rs 2,098.

Meanwhile, the BSE FMCG Index is at 10,083 (up 2.0%).

Among the top Gainers in the BSE FMCG Index today are HUL (up 5.2%) and GSK CONSUMER (up 5.1%).

GODFREY PHILLIPS (down 0.3%) and GODREJ AGROVET LTD (down 1.0%) are among the top losers today.

Over the last one year, HUL has moved up from Rs 1,695 to Rs 2,098, registering a gain of Rs 402 (up 23.6%).

On the other hand, the BSE FMCG has moved down from 11,531 to 10,083, loss of 1,448 points (down 12.6%) during the last 12 months.

The top gainers among the BSE FMCG Index stocks during this same period were TATA CONSUMER PRODUCTS (up 74.6%), NESTLE (up 70.0%) and GSK CONSUMER (up 48.6%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.8%).

The top gainers among the BSE Sensex stocks today are HUL (up 5.2%), RELIANCE IND. (up 4.0%) and NESTLE (up 3.9%). Other gainers include TECH MAHINDRA (up 3.6%) and SUN PHARMA (up 3.2%). The most traded stocks in the BSE Sensex are ICICI BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 0.7%). The top gainers in the NSE Nifty include HUL (up 5.1%), RELIANCE IND. (up 3.9%) and DR. REDDYS LAB (up 3.7%). Other gainers include TECH MAHINDRA (up 3.6%) and SUN PHARMA (up 3.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.23%).

HUL Financial Update...

HUL net profit down at Rs 15 billion for the quarter ended March 2020, compared to a loss of Rs 16 billion a year ago. Net Sales declined 8.1% to Rs 90.1 billion during the period as against Rs 98.1 billion in January-March 2019.

For the year ended March 2019, HUL reported 19.6% increase in net profit to Rs 62.9 billion compared to net profit of Rs 52.6 billion during FY18.

Revenue of the company grew 8.5% to Rs 393 billion during FY19.

The current Price to earnings ratio of HUL, based on rolling 12 month earnings, stands at 67.3x.

This article (HUL Surges by 5%; BSE FMCG Index Up 2.0%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

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