Hatsun Agro Product shines on getting nod to raise Rs 400 crore
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Hatsun Agro Product is currently trading at Rs. 1096.60, up by 17.80 points or 1.65% from its previous closing of Rs. 1078.80 on the BSE.
The scrip opened at Rs. 1101.00 and has touched a high and low of Rs. 1113.95 and Rs. 1091.95 respectively. So far 1634 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1533.65 on 18-Oct-2021 and a 52 week low of Rs. 806.10 on 17-Jun-2022.
Last one week high and low of the scrip stood at Rs. 1126.00 and Rs. 1061.60 respectively. The current market cap of the company is Rs. 23582.63 crore.
The promoters holding in the company stood at 74.26%, while Institutions and Non-Institutions held 10.85% and 14.89% respectively.
Hatsun Agro Product has received approval to raise not exceeding Rs 400 crore by way of a rights issue to the existing shareholders of the company. The board of directors of the company at its meeting held on September 19, 2022, has inter alia, considered and approved the same.
Hatsun Agro Product, India's largest private sector dairy, sells liquid milk under the brand name Arokya, ice creams under the brand Arun Icecreams, and a wide range of dairy products under the brand Hatsun.
