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Hatsun Agro surges on the buzz of planning to expand its presence across India

20 Dec 2016 Evaluate

Hatsun Agro Products is currently trading at Rs. 354.00, up by 5.05 points or 1.45% from its previous closing of Rs. 348.95 on the BSE.

The scrip opened at Rs. 354.00 and has touched a high and low of Rs. 354.00 and Rs. 354.00 respectively. So far 10 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 406.40 on 13-Jul-2016 and a 52 week low of Rs. 279.29 on 19-Feb-2016.

Last one week high and low of the scrip stood at Rs. 354.00 and Rs. 343.70 respectively. The current market cap of the company is Rs. 5386.76 crore.

The promoters holding in the company stood at 74.71%, while institutions and non-institutions held 3.28% and 22.01% respectively.

Hatsun Agro Product (HAPL) is reportedly planning to expand across India and add 2,000 more outlets in the next one year. The company has already opened 1,000 outlets across six States and one Union Territory. As a part of its pan-India expansion, the company will reach out to customers in tier II and III cities.

Hatsun Agro, India's largest private sector dairy, sells liquid milk under the brand name Arokya, ice creams under the brand Arun Icecreams, and a wide range of dairy products under the brand Hatsun.

 

Peers
Company Name CMP
Nestle India 1382.00
Varun Beverages 435.55
Britannia Industries 4937.00
LT Foods 430.10
Hatsun Agro Product 1155.55
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