Wednesday, 4 October 2017

Hatsun Agro soars 18% on SBI Mutual Fund stake buy

L to R: Prabhat Dairy, Hatsun and Parag (Go brand) are increasing the business-to-consumer component in their product baskets. At Prabhat Dairy, the revenue share of B2C products is being pushed up to 50 from 30 per cent.  At Hatsun Agro it is more t

MARKET - Hatsun Agro products soared 18% to Rs 827, also its file excessive on the countrywide stock trade (NSE) in intra-day trade after the SBI Mutual Fund bought nearly one percent point stake within the organisation thru open market.

On Tuesday, October 3, 2017, SBI Mutual Fund had acquired 2.05 million fairness stocks representing 1.34% of general fairness of Hatsun Agro merchandise at rate of Rs 700 in step with proportion through bulk deal, the NSE facts indicates.

Hatsun Agro Product manufactures and markets dairy merchandise like milk, curd, ice lotions, dairy whitener, skimmed milk powder, ghee, paneer, and so forth.

At 01:26 PM; the inventory became up 13% at Rs 794 in comparison to 0.64% upward push in the S&P BSE Sensex. A combined 296,033 shares modified hands at the counter on the NSE and BSE to this point.
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