Know why Hatsun Agro should be on your radar on Tuesday!
Hatsun Agro Product (HAP) manufactures & markets products that cater to both cooking as well as consumption like milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, and lots more.
The company's brands have become household names in over one million Indian houses. Arun Ice-creams, Arokya Milk, Hatsun Curd, Hatsun Paneer, Hatsun Ghee, Hatsun Dairy whitener, Ibaco, and Oyala have become popular choices across the country.
The stock registered an all-time high of Rs 1,525.95 as of September 15, 2021, and thereafter, it corrected 20 per cent from the all-time high level to the lows of December 17, 2021. The stock ended Monday’s session in the green as it gained over a per cent thereby, outperforming the benchmark and broader market indices by a wide margin.
The stock opened at the level of Rs 1,271 and a provisional close stood at Rs 1,308 while the low of the day stood at Rs 1,222.15. The stock had recovered more than 80 points from the day’s low while the volume activity in the second half of the day was quite profound. Hence, the market participants should keep an eye on this stock on Tuesday. Furthermore, the stock made an announcement post-market wherein, it mentioned that the state-of-the-art ice cream manufacturing plant with a production capacity of 1,00,000 kgs per day at Govindapur (Zaheerabad Taluk, Sangareddy District, Telangana) has started its commercial production with effect from December 19, 2021.
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