Hatsun Agro Product witnessed a sharp rise in share price on Thursday after it disclosed a sharp rise in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 3.91 times to Rs 286.89 million from Rs 73.33 million in the same quarter last year.
Revenues for the quarter rose 23.30% to Rs 8,671.10 million, compared with Rs 7,033 million for the prior year period.
Shares of Hatsun Agro Product are trading at Rs 442.35, up Rs 49.9, or 12.71% at the Bombay Stock Exchange (BSE) on Thursday at 11:05 a.m.
The scrip has touched an intra-day high of Rs 469.80 and low of Rs 434.30. The total volume of shares traded at the BSE is 36,306.