Amrutanjan Health Care - Oct 15, 2020 - Angel Broking

Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd

"Amrutanjan Health Care (AHCL) is engaged in the business of manufacturing & sales of products in pain management, congestion management, hygiene and beverages. Going forward, we expect AHCL to report healthy Top-line and Bottom-line growth due to gaining market share in the balm segment, presence in the sanitary pads segment which has low penetration in India. Further, AHCL has launched lower priced SKUs like Rs2 balm & Rs22 Sanitary Napkins, which will see greater acceptance during the current environment. Hence, we are positive on stock."

Shares of AMRUTANJAN HEALTH CARE LTD. was last trading in BSE at Rs.403.05 as compared to the previous close of Rs. 408. The total number of shares traded during the day was 1839 in over 301 trades.

The stock hit an intraday high of Rs. 410.15 and intraday low of 401.7. The net turnover during the day was Rs. 748799.

Source : Equity Bulls

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