Hindustan Unilever Net Up 18%, Hexaware Net Surges 20%

Mukesh Buch
29 Apr, 2013
New York City

Exide fourth quarter net grew 3% and Goodyear first quarter net surged 91%. Hindustan Uniliever fourth quarter net climbed 18% and Hero MotoCorp net slipped 5%. Hexaware net jumped 20% and IOB net plunged 89%.

[R]6:00 PM Mumbai – Exide fourth quarter net grew 3% and Goodyear first quarter net surged 91%. Hindustan Uniliever fourth quarter net climbed 18% and Hero MotoCorp net slipped 5%. Hexaware net jumped 20% and IOB net plunged 89%.[/R]

The Sensex Index increased 100.78 or 0.5% to close at 19,387.50 The CNX Nifty gained 32.65 to close at 5,904.10.

Gainers & Losers

Cholamandalam Investment and Finance Company Ltd slipped 1.1% to Rs 266.50 after consolidated net profit in the fourth quarter climbed 43.8% to Rs 87.41 crore.

Exide Industries Limited dropped 2.8% to Rs 135.05 after net profit in the fourth quarter advanced 2.8% to Rs 146.46 crore.

Goodyear India Limited surged 8.6% to Rs 277.55 after net profit in the first quarter surged 90.6% to Rs 20.81 crore.

Hindustan Unilever Limited soared 6.9% to Rs 497.60 after net profit before exceptional items in the fourth quarter climbed 18% to Rs 781 crore.

Hero MotoCorp Limited jumped 2.8% to Rs 1,641 after net profit in the fourth quarter slipped 4.7% to Rs 574.23 crore.

The company increased prices of motorcycles between Rs 500 and Rs 1,500.

Hexaware Technologies Limited fell 0.5% to Rs 82.40 after net profit in the first quarter jumped 19.8% to Rs 792.8 crore.

Indian Overseas Bank declined 5.1% to Rs 63.70 after net profit in the fourth quarter plunged 88.9% to Rs 58.87 crore.

Jaypee Infratech Limited slumped 1.3% to Rs 37.70 after net profit in the fourth quarter tumbled 57.5% to Rs 148.51 crore.

KSB Pumps Limited gained 2.2% to Rs 211.85 after net profit in the first quarter surged 93% to Rs 15.61 crore.

Raymond Limited climbed 5.4% to Rs 281.30 after consolidated earnings before interest taxes depreciation and amortization in the fourth quarter jumped 18% to Rs 110 crore.

Siemens Limited surged 6.3% to Rs 534.40 after new orders in the second quarter climbed 52% to Rs 2,814.10 crore and net profit tumbled 90% to Rs 29.95 crore.

Sesa Goa Limited rose 0.7% to Rs 153.25 after consolidated net profit in the fourth quarter plunged 74% to Rs 298 crore.

The Federal Bank Limited dropped 3.3% to Rs 447.15 after net profit in the fourth quarter declined 6.6% to Rs 221.94 crore.