India's Hatson Agro climbs most in nearly 3-mnths on investment plan

Hatsun Agro Product

23/02/2023 05:14

** Shares of Hatsun Agro Products  HAPL.NS  up as much as
3.69% to 925.9 rupees, their highest since Dec. 27 
    ** Co posts sharpest intraday pct gain since Dec. 1, on
track for third consecutive week of gains if trend holds
    ** Dairy firm said it has approved up to 20% investment in
paid up equity share capital of Swelect Taiyo Energy
    ** HAPL trading below 200-day simple moving average, but
inching above 50-, and 100-day simple moving averages,
indicating bullish pattern 
    ** More than 25,722 shares change hands, as of 10:11 a.m.
IST, 1.6x 30-day average of 15,817 shares 
    ** Stock down 1.9% YTD as of last close, after losing 26.7%
last year
 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com;))