Hatsun Agro Product shines on planning to increase milk collection in Andhra Pradesh, Telangana, Maharashtra
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Hatsun Agro Product is currently trading at Rs. 914.35, up by 11.75 points or 1.30% from its previous closing of Rs. 902.60 on the BSE.
The scrip opened at Rs. 900.00 and has touched a high and low of Rs. 916.60 and Rs. 897.25 respectively. So far 301 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. 964.95 and Rs. 897.25 respectively. The current market cap of the company is Rs. 19703.57 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 (HAP) is planning to aggressively expand its network of milk collection centres in three states -- Andhra Pradesh, Telangana and Maharashtra -- to effectively serve over 1 lakh farmers. HAP has over 3100 milk collection centres that benefits farmers across various villages in Andhra Pradesh, Telangana and Maharashtra.
HAP plans to position further its milk collection centres at remote locations to ensure farmers have access to the facility and help them reap the real benefit of having access to such a facility in their own village thereby providing them with market access leading to prosperity to rural sector.
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.
