Hatsun Agro jumps after strong Q3 numbers

Hatsun Agro Product rose 3.22% to Rs 637.80 after the company announced Q3 earnings after market hours yesterday, 21 January 2020.

Standalone net profit rose 50.6% to Rs 27.89 crore on 16.1% rise in net sales to to Rs 1340.18 crore in Q3 December 2019 over Q3 December 2018. Profit before tax increased 7.8% to Rs 29.89 crore in Q3 December 2019 from Rs 27.73 crore in Q3 December 2018.

The stock rose 8.43% to hit an intraday high of Rs 670, its highest intraday level since 22 August 2019.

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