Hatsun Agro gets its 'right'

In a largely lackluster market, Hatsun Agro has shown some activity today, with the stock price rising 1.5% to Rs.780.70. Volume is low at less than 230 shares. Its 52-week high and low stands at Rs.970 and Rs.441.15 respectively.

The company, which sells dairy products stated today that a specially formed committee – the rights issue committee, has approved the draft letter of offer dated 21 February 2018, with respect to the issue of partly paid-up equity shares to the existing equity shareholders of the company on a rights basis ('rights issue') for an amount aggregating up to Rs 550 crore.

. Its 52-week high and low stands at Rs.970 and Rs.441.15 respectively.

The company, which sells dairy products stated today that a specially formed committee – the rights issue committee, has approved the draft letter of offer dated 21 February 2018, with respect to the issue of partly paid-up equity shares to the existing equity shareholders of the company on a rights basis ('rights issue') for an amount aggregating up to Rs 550 crore.