Strong results; stretched valuations
Key takeaways from Q2FY22: (1) Hatsun registered strong revenue growth of 23.2% YoY and we believe it is largely volume led, (2) steady launches of...
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Hatsun Agro Product (HTSMF IN)
Hatsun Agro Product (HTSMF IN)
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Analysis
Consumer Staples • India
Hatsun Agro Product Limited is a prominent Indian private-sector dairy company primarily engaged in the manufacture and marketing of milk and milk products, including milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, and paneer. The company also offers cattle feed. It is headquartered in Chennai, Tamil Nadu, India, and was founded in 1970.
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