Hatsun Agro drops after weak Q3 result

Hatsun Agro Product lost 4.16% to Rs 838.40 at 10:25 IST on BSE after net profit dropped 52.67% to Rs 14.98 crore on 7.06% rise in total income to Rs 1014.13 crore in Q3 December 2017 over Q3 December 2016.

The result was announced after market hours yesterday, 16 January 2018.

Meanwhile, the S&P BSE Sensex was up 136.26 points or 0.39% at 34,907.31.

On the BSE, 10,000 shares were traded on the counter so far as against the average daily volumes of 13,000 shares in the past one quarter. The stock had hit a high of Rs 872.90 and a low of Rs 829 so far during the day. The stock had hit a record high of Rs 970 on 14 November 2017. The stock had hit a 52-week low of Rs 392 on 18 January 2017.

The large-cap company has equity capital of Rs 15.22 crore. Face value per share is Re 1.

Hatsun Agro Product manufactures and markets products that cater to both cooking and consumption, like milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer and lots more. The company's brands include Arun Icecreams, Arokya Milk, Hatsun Curd, Hatsun Paneer, Hatsun Ghee, Hatsun Dairy Whitener and Ibaco.

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