Why Hatsun Agro rallied so much on 14 Sept. Is it safe to enter at this price
Answer
Answer
The stock of Hatsun is up nearly 2.5 times in the last one year and this is largely on the back of expectations that the stock could see FPI inflows on the back of the half-yearly FTSE rebalancing which is likely to include this stock in the index. However, in valuation terms, the stock is trading above 120, so it remains a high risk trade.