India's Hatsun Agro Product down 3% as Q4 profit falls

Hatsun Agro Product

10/05/2023 08:33

** Shares of Hatsun Agro Product Ltd  HAPL.NS  fall as much
as 2.8% to 847.15 rupees
    ** The dairy firm on Tuesday said March-qtr net profit
slumped 15.7% to 249.9 mln rupees ($3.06 mln) while rev from ops
rose 10% YoY
    ** This is HAPL's steepest pct loss since April 3
    ** Nearly 60,000 shares change hands by 12:56 p.m. IST, 3.1x
the 30-day avg - Refinitiv Data
    ** Stock trading below its 100- and 200-day moving averages
    ** Stock last down 1.2%, extending YTD losses to 5.3%



($1 = 81.7800 Indian rupees)

 (Reporting by Priya Sagar in Bengaluru)
 ((Priya.Sagar@thomsonreuters.com))