Hatsun Agro Product soars on reporting 54% rise in Q1 net profit
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Hatsun Agro Product is currently trading at Rs. 1063.00, up by 87.15 points or 8.93% from its previous closing of Rs. 975.85 on the BSE.
The scrip opened at Rs. 1071.05 and has touched a high and low of Rs. 1094.90 and Rs. 1046.50 respectively. So far 13900 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1118.15 on 09-Sep-2022 and a 52 week low of Rs. 786.00 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 1094.90 and Rs. 958.05 respectively. The current market cap of the company is Rs. 23807.33 crore.
The promoters holding in the company stood at 73.11%, while Institutions and Non-Institutions held 12.60% and 14.29% respectively.
Hatsun Agro Product has reported 54.28% rise in its net profit at Rs 80.15 crore for the quarter ended June 30, 2023 as compared to Rs 51.95 crore for the same quarter in the previous year. However, total income of the company increased by 6.58% at Rs 2,152.86 crore for Q1FY24 as compared Rs 2020.01 crore for the corresponding quarter previous year.
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.
