Quote On Hatsun Agro 4QFY21 By Yash Gupta, Angel Broking
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Below are Quote On Nestle 4QFY21 By Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
Hatsun agro product Limited reported total revenue from operations at 1570 up by 24% YoY from ₹1262 crores in Q4FY20. Operating profit margin at 12% as compared to 9% in Q4FY2020, but market expectations are on the higher side.
EBITDA for the quarter at 191 crores up by 66% in Q4FY21 as compared to 115 crores in Q4FY20.
Profit after tax for the quarter at ₹57 crores in Q4FY21 as compared to ₹8 crores in Q4FY20 which is above market expectation.
Hatsun agro reported numbers better than the market expectation, we expect stock to react positively on tomorrow’s market opening.
Above views are of the author and not of the website kindly read disclaimer
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On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
