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Hatsun Agro Product surges on getting nod to raise funds up to Rs 700 crore

24 Aug 2022 Evaluate

Hatsun Agro Product is currently trading at Rs. 1048.40, up by 10.75 points or 1.04% from its previous closing of Rs. 1037.65 on the BSE.

The scrip opened at Rs. 1040.80 and has touched a high and low of Rs. 1049.05 and Rs. 1040.00 respectively. 

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1533.65 on 18-Oct-2021 and a 52 week low of Rs. 806.10 on 17-Jun-2022.

Last one week high and low of the scrip stood at Rs. 1135.35 and Rs. 1032.30 respectively. The current market cap of the company is Rs. 22492.95 crore.

The promoters holding in the company stood at 74.26%, while Institutions and Non-Institutions held 10.85% and 14.89% respectively.

Hatsun Agro Product has received an approval for raising of funds, through Private Placement of Equity Shares by way of Qualified Institutional Placement (QIP), not exceeding Rs 700 crore. The Board of Directors of the Company at its meeting held on August 22, 2022, has approved the same.

The board also approved investing in to the paid up Equity Share Capital of Huoban Energy 4 not exceeding 20% of the paid up Equity Share Capital of the above said Company for the purpose of consuming Solar Energy captively for the Company’s Plant situate in the State of Maharashtra.

Hatsun Agro Product, 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.

Hatsun Agro Product Share Price

979.20 39.55 (4.21%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Varun Beverages 474.05
Nestle 1285.65
Britannia Inds 5733.75
LT Foods 422.10
Hatsun Agro Product 979.20
View more..

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