Hatsun Agro Product rose 2.35% to Rs 409.25 at 10:41 IST on BSE after net profit rose 64.1% to Rs 28.81 crore on 13.9% increase in net sales to Rs 944.92 crore in Q3 December 2016 over Q3 December 2015.
The result was announced after market hours yesterday, 18 January 2017.Meanwhile, the BSE Sensex was up 32.47 points or 0.12% at 27,290.11.
On the BSE, 7,999 shares were traded on the counter so far as against the average daily volumes of 2,552 shares in the past one quarter. The stock had hit a high of Rs 419.90 so far during the day, which is also its record high. The stock hit a low of Rs 404 so far during the day.
The stock had hit a 52-week low of Rs 279.29 on 19 February 2016. The stock had outperformed the market over the past one month till 18 January 2017, advancing 14.59% compared with the Sensex's 2.9% rise. The scrip had also outperformed the market over the past one quarter gaining 13.69% as against the Sensex's 2.83% fall.
The mid-cap company has equity capital of Rs 15.22 crore. Face value per share is Rs 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.
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