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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.
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On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
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