Hatchery stocks in focus: SKM Egg, Venky's, Simran Farms rally up to 10%

Shares of SKM Egg Products Export India, Venky's India, Simran Farms and Ovlbel Foods were up in the range of 5 per cent to 10 per cent in Thursday's intra-day trading session

Shares of hatchery companies were in focus in Thursday's intra-day trading session as they rallied up to 10 per cent after SKM Egg’s reported fabulous results for the quarter ended December 2022 (Q3FY23).

Shares of SKM Egg Products Export India, Venky’s India, Simran Farms and Ovlbel Foods were up in the range of 5 per cent to 10 per cent, as against 0.1 per cent drop in the S&P BSE Sensex to 60,561 at 12:42 pm.

Among the individual stocks, SKM Egg surged 10 per cent to hit a record high of Rs 194.55 per share. In the