Hatsun Agro spurts after strong Q1 earnings

Hatsun Agro Product was up 6.02% to Rs 746.8 at 12:51 IST on the BSE after net profit increased 35.2% to Rs 51.19 crore on 15.2% increase in net sales to Rs 1423.22 crore in Q1 June 2019 over Q1 June 2018.

The announcement was made after market hours yesterday, 18 July 2019.

Meanwhile, the S&P BSE Sensex was down by 377.91 points or 0.97% to 38,519.55.

On the BSE, 6934 shares were traded in the counter so far compared with average daily volumes of 2349 shares in the past two weeks. The stock had hit a high of Rs 774.9 so far during the day. The stock had hit a low of Rs 737 so far during the day. It hit a 52-week high of Rs 802.55 on 31 August 2018 and a 52-week low of Rs 568.15 on 26 October 2018.

Hatsun Agro Products is primarily engaged in the business of manufacture and marketing of ice cream and milk and dairy based products. The company sells its products under the brands Arun Icecreams, Arokya Milk, Hatsun Curd, Hatsun Paneer, Hatsun Ghee and Hatsun Dairy Whitener.

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