Hatsun Agro Product Limited board reviews CAPEX projects

The Board of Directors of Hatsun Agro Product Limited at their meeting held today, i.e., 19th October, 2020, have also discussed the status of the below mentioned CAPEX projects for the financial year 2020-21.

Milk and Milk Products Plant in Solapur, Maharashtra:

Plant has been erected with a capacity to handle 4 LLPD and the full-fledged commercial production is expected during November 2020

Milk Products Plant in Udhiyur, Dharapuram, Tamil Nadu:

The Company is in the process of installing Milk products manufacturing facility during December 2020 and also milk processing unit with a capacity of 1.5 LLPD during March 2021 in the undisputed lands as per Court Order.

Ice Cream plant in Govindapur in Zaheerabad taluka, Sangareddy district, Telengana:

The construction activities are going on and the Plant is expected to be commissioned during Q4 of financial year 2020-21. The expected capex outflow is about Rs.245 crore.

Shares of HATSUN AGRO PRODUCT LTD. was last trading in BSE at Rs.845 as compared to the previous close of Rs. 818.6. The total number of shares traded during the day was 2247 in over 441 trades.

The stock hit an intraday high of Rs. 847.6 and intraday low of 821. The net turnover during the day was Rs. 1879998.

Source : Equity Bulls

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