Shares of FMCG major Hindustan Unilever today rose by more than 3 per cent after the company reported an over 9% rise in standalone net profit for the April-June period. After making a positive opening, shares of the company further climbed 3.18% to Rs 1,195.10 — its 52-week high — on BSE. At NSE, shares of the company went up by 3.21 per cent to touch its one year high of Rs 1,195.05.Hindustan Unilever yesterday posted an over 9 per cent rise in its standalone net profit at Rs 1,283 crore for the April-June period, while some of its business verticals saw a muted quarter due to ‘destocking’ in view of the GST implementation from July 1. The company had posted a standalone net profit of Rs 1,174 crore in the corresponding period of the previous fiscal, Hindustan Unilever Ltd (HUL) said in a BSE filing.
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