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Buy Hatsun Agro Products, target price Rs 1190: ICICI Securities

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April 24, 2024
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Buy Hatsun Agro Products, target price Rs 1190:  ICICI Securities
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ICICI Securities has buy call on Hatsun Agro Products with a target price of Rs 1190. The current market price of Hatsun Agro Products is Rs 1112.

Hatsun Agro Products Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 24867.62 Crore) operating in FMCG sector.

Hatsun Agro Products Ltd. key Products/Revenue Segments include Milk & Milk Products, Scrap & Others for the year ending 31-Mar-2023.

Financials
For the quarter ended 31-03-2024, the company reported a Standalone Total Income of Rs 2049.04 Crore, up 8.32 % from last quarter Total Income of Rs 1891.57 Crore and up 14.40 % from last year same quarter Total Income of Rs 1791.09 Crore. Company reported net profit after tax of Rs 52.16 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 73.15 per cent stake in the company as of 31-Mar-2024, while FIIs owned 2.86 per cent, DIIs 9.81 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Tags: Agroagro productsagro products ltdBuyhatsunhatsun agrohatsun agro prodhatsun agro productshatsun agro products ltdHatsun Agro Products stockshatsun productshatsun products ltdICICImarket newsMarketsNiftypriceProductsSecuritiessensextarget
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