Hester's revenues remain un-impacted in the current Bird Flu (Avian Influenza) disease outbreaks
(Time Zone: Arizona, USA)
There have been Bird Flu outbreaks across India. The spread of Bird Flu has been mainly through migratory wild birds. In the winter months, wild birds migrate to the tropical areas, India being in the tropics. These birds may have been infected with Bird Flu. They carry the disease along their travel path and infect other birds in the journey.
No country has control over the movements of the migratory wild birds or on their spreading of any disease including Bird Flu disease. These migratory wild birds first infect other wild birds in those geographies which then locally spread the disease. Bird Flu could then spread in organized poultry as well as backyard poultry.
The Indian Government's policy towards controlling Bird Flu in poultry is by stamping out the infected poultry population. While there have been Bird Flu outbreaks in organized poultries in India, Hester's technical team has been assisting the poultry industry by improving the biosecurity and general health condition of poultry to ward off the disease.
Hester's revenues have not got impacted in this current Bird Flu situation prevailing in India. We continue to grow as per our forecasted growth plans.
Shares of HESTER BIOSCIENCES LTD. was last trading in BSE at Rs.1670.5 as compared to the previous close of Rs. 1680.2. The total number of shares traded during the day was 315 in over 132 trades.
The stock hit an intraday high of Rs. 1688.8 and intraday low of 1668.85. The net turnover during the day was Rs. 528431.