Posted On: September 8, 2023

Stock Report: HATSUN(NSE) 07 Sep 2023

Outlook: Bullish

Sector: Consumer Defensive

Industry: Packaged Foods

Hatsun Agro Product Ltd provides a range of dairy products for the areas of cooking and consumption. Its products include milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, cattle feed, and others. The firm markets its products under Arokya, Hatsun, Arun, and Ibaco brand names. The company operates in single-segment Milk and Milk products. The company derives the majority of its revenue from the Milk and Milk products segment. Geographically, it generates maximum revenue from India.

#xCalData predicts that # HATSUN will continue its bullish phase over the next five days and trend within the range of 1177 to 1246. 

In comparison to the previous month, the price of the stock has experienced a increase of 14.12% indicating a bullish.

The Stock has doubled thrice since 06 Jan 2015 and took an average of 2.2 years to double.

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 2 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum. Only some of the technical indicators namely MFI indicate Bearish view. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

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