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Hatsun Agro shines on plan to invest Rs 160 crore for expansion

20 Dec 2012 Evaluate

Hatsun Agro is currently trading at Rs. 89.50, up by 1.05 points or 1.19% from its previous closing of Rs. 88.45 on the BSE.

The scrip opened at Rs. 88.70 and has touched a high and low of Rs. 89.50 and Rs. 88.05 respectively.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 99.70 and a 52 week low of Rs. 57.31.

Last one week high and low of the scrip stood at Rs. 89.50 and Rs. 86.70 respectively. The current market cap of the company is Rs. 963.00 crore.

The promoters holding in the company stood at 71.16% while Non-Institutions hold 28.84% respectively.

In a bid to set up two new plants and other related expansion activities over the coming year, Chennai-based Hatsun Agro Products is planning to invest Rs 160 crore. However, the location for the plant has not been finalised.

The largest private sector dairy company is also planning to set up a plant to produce 50,000 litres of curd per day by February 2013. This would increase the company’s existing capacity to 120,000 litres of curd daily from 70,000 litres.

Hatsun Agro Products is the largest private sector dairy company in India and hence has a distinct advantage of dealing in cow's milk. The company procures around 1.65 million liters of liquid milk per day by directly collecting it from farmers spread over 4,500 villages in south India.

Hatsun Agro Product Share Price

979.20 39.55 (4.21%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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Britannia Inds 5733.75
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Hatsun Agro Product 979.20
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