Hatsun Agro Product Ltd Share Price (HATSUN)

ICICI Securities Gives Buy Call on Hatsun Agro Products - 24 Apr, 2024

ICICI Securities has given a buy call on Hatsun Agro Products with a target price of Rs 1190. The company reported a standalone total income of Rs 2049.04 crore for the quarter ended March 31, 2024, up 8.32% from the previous quarter and up 14.40% from the same quarter last year. Promoters hold 73.15% stake in the company.

Hatsun Agro Reports Strong Q4 Earnings - 23 Apr, 2024

Hatsun Agro's Q4 net profit doubled YoY to Rs 52 crore, while revenue grew by over 14%. ICICI Securities recommends a 'Buy' rating with a target price of Rs. 1190 due to strong financial performance.

Hatsun Agro to Announce Q4 Results Today - 22 Apr, 2024

Shares of Hatsun Agro Products will be in focus as the company announces its fourth quarter results today.

Investec Initiates Coverage of India's Dairy Sector with Positive Outlook - 18 Apr, 2024

Investec has initiated coverage of India's dairy sector and provided a pecking order for Hatsun Agro Product Ltd, which lags materially on financial performance due to weak FCF generation, poor capital allocation, and debt-funded dividends. High valuations pose a negative risk-reward skew.

Hatsun Agro Product's ROCE Remains Stable - 12 Apr, 2024

Despite employing 110% more capital in the last five years, Hatsun Agro Product Ltd has maintained a stable return on capital employed (ROCE) of 17%. While this may not be exciting over long periods, consistency can pay off in terms of share price returns.

Indian FMCG Companies Focus on Rural Demand Revival - 07 Apr, 2024

FMCG companies in India, including Hindustan Unilever and ITC Ltd., are targeting demand revival in rural areas by offering smaller-sized products at lower costs. This move is expected to boost consumption of soda, ice creams, and dairy products during the summer.

Hatsun Agro Product Expects Surge in Sales and Margin Expansion - 01 Apr, 2024

Hatsun Agro Product projects a 15% volume growth in ice cream and curd sales with margin expansion of around 150 basis points. The company aims to decrease debt to under 500 crore by June next year. Shares have gained close to 25% in the past year.