Hatsun Agro Products is prudently utilising the deflationary trend in commodity prices to accumulate the SMP inventory. This would help Hatsun Agro Products maintain profitability, ICICI Securities said.
The company also declared an interim dividend of Rs 6 per share (600%) on the fully paid-up equity shares of face value of Re 1 each. The firm has fixed July 27 as the record date for the payment of the interim dividend, which will be paid on or before August 18, 2023.