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Animal health drives sales as poultry decline continues; margins decline… About the stock: Hester is one of India’s leading animal healthcare companies & the second largest poultry vaccine manufacturer in the country. It has a strategic presence in 30+ countries with key markets being India, Nepal and Tanzania. * It operates through four broad verticals: poultry vaccines, poultry health products, animal vaccines and animal health products * Revenue segment wise: poul...
Hold Hester Biosciences Ltd For Target Rs.2070 - ICICI Direct
Hester Biosciences is currently trading at Rs. 2193.35, up by 226.85 points or 11.54% from its previous closing of Rs. 1966.50 on the BSE. The scrip opened at Rs. 1930.00 and has touched a high and low of Rs. 2198.50 and Rs. 1930.00 respectively. So far 3018 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2851.75 on 11-Apr-2022 and a 52 week low of Rs. 1951.35 on 26-Sep-2022. Last one week high and low of the s...
Hester Biosciences leads the gainers of group A on BSE
Weak poultry performance continues to weigh on numbers About the stock: Hester is one of India’s leading animal healthcare companies & the second largest poultry vaccine manufacturer in the country. It has a strategic presence in 30+ countries with key markets being India, Nepal and Tanzan * It operates through four broad verticals: poultry vaccines, poultry health products, animal vaccines and animal health products * Revenue segment wise: poultry healthcare:73%, ani...
Reduce Hester Biosciences Ltd For Target Rs.2780 - ICICI Direct
Muted Q3; launches in place for momentum pick-up About the stock: Hester is one of India’s leading animal healthcare companies & the second largest poultry vaccine manufacturer in the country. It has a strategic presence in 30+ countries with key markets being India, Nepal and Tanzania. It operates through four broad verticals: poultry vaccines, poultry health products, animal vaccines and animal health products Revenue segment wise: poultry healthcare:73%, animal healthcar...
Buy Hester Biosciences Ltd For Target Rs.2780 - ICICI Direct
Poultry drives Q2 as exports face logistic challenges About the stock: Hester is one of India’s leading animal healthcare companies & the second largest poultry vaccine manufacturer in the country. It has a strategic presence in 30+ countries with key markets being India, Nepal and Tanzania. * It operates through four broad verticals: poultry vaccines, poultry health products, animal vaccines and animal health products * Revenue segment wise: poultry healthcare:73%, animal ...
Buy Hester Biosciences Ltd For Target Rs.2835 - ICICI Direct
Strong poultry demand drives Q4 performance… Q4 revenues grew 47.1% to | 64.2 crore due to 74.4% growth in poultry segment to | 52.7 crore as bird-flu incidences led to higher usage of preventive and curative poultry vaccines and health products. However, animal healthcare segment de-grew 11.6% YoY to | 11.5 crore. EBITDA margins, not comparable YoY due to pandemic impacted base, came in at 30.8% (16.5% in Q4FY20). EBITDA came in at | 19.8 crore, ~2.8x YoY. Adjusting for exceptional...
Hold Hester Biosciences Ltd For Target Rs. 2870 - ICICI Direct
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