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, 10th 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.