India's Hatsun Agro falls after Q2 profit drops

Hatsun Agro Product

04/11/2024 07:29

** Shares of Hatsun Agro Product  HAPL.NS  fall as much as 3.7%
to 1,069.60 rupees    
** Dairy products maker reports 17.1% Y/Y fall in Q2 profit
after tax
    ** Rev from ops grew 8.7% Y/Y, but total expenses jumped
9.5% Y/Y
    ** Stock on track to snapping three consecutive sessions of
gains
    ** More than 152,000 shares change hands, 3.8x the 30-day
daily avg
    ** Stock last down 1.2%, taking YTD loss to 3.7%
     
     
     

(Reporting by Ashish Chandra in Bengaluru)
((mailto:ashish.chandra@thomsonreuters.com (+91 7982114624))