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Hindustan Unilever Ltd. shares dropped 1.89% to 1,945.00 Indian rupees Wednesday, on what proved to be an all-around rough trading session for the stock market, with the BSE SENSEX Index falling 1.08% to 74,764.23.
Hindustan Unilever Ltd. closed 25.94% short of its 52-week high of 2,626.22 rupees, which the company reached on October 23rd.
The stock underperformed when compared to some of its competitors Wednesday, as Jyothy Laboratories Ltd. rose 0.26% and Procter & Gamble Hygiene & Health Care Ltd. fell 1.56%. Godrej Consumer Products Ltd. fell 0.14%.
Trading volume totaled 470,060, compared to the 50-day average of 110,192.
Data source: Dow Jones Market Data, FactSet