Hatsun Agro jumps to new high

Hatsun Agro is among the top five gainers on the BSE since the opening bell today. The stock opened itself over 14% higher, going on to hit a new 52-week high at Rs.889.

The company, which sells milk and milk products under the brand names of Arokya and Arun has set tomorrow, 10^th Dec as the record date.

It turned ex-date today for the bonus issue. It declared bonus in the ratio of 1:3 – one new bonus shares for every three held.

The company had ended Q2FY21 with a 4% (YoY) rise in revenue at Rs.1327 crore and net profit more than doubled up from Rs.25 crore to Rs.66 crore.