Avanti Feeds Ltd. News and Updates

Name: Latest research reports of Avanti Feeds Ltd. authored by Way2Wealth and published by - Trendlyne research reports.
Item: Avanti Feeds Ltd.
Rating: 4
Author: Way2Wealth

Keep track of all breaking news on Avanti Feeds Ltd. from all sources in a single place.

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Avanti Feeds Ltd.

20 Feb 2021

913.65

1.02%

Light House Update - A Quick Perspective - Avanti Feeds Ltd. - 20 February 2021

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Way2Wealth

Avanti Feeds Ltd. has gained 22.51% in the last 1 Month

Avanti Feeds Ltd.

07 Dec 2020

913.65

1.02%

Light House Update - A Quick Perspective - Avanti Feeds Ltd. - 07 December 2020

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Way2Wealth

The company recorded 6% YoY growth in consolidated sales on the back of 3% YoY growth in shrimp feeds volumes and 5% YoY shrimp feed realisations in Q2FY21. Shrimp processing volumes were lower by 11% YoY...

Avanti Feeds Ltd. is trading above all available SMAs

Avanti Feeds Ltd.

27 Nov 2020, 12:00AM

913.65

1.02%

AVANTI FEEDS LTD

Buy: Avanti Feeds Ltd.

Target

Geojit BNP Paribas

For Q2FY21, revenue grew by 6% YoY on account of gradual improvement in operations post lockdown. Feed volumes improved 2.5%YoY and Feed realisation grew by 5%YoY due to price hike in previous quarter. However, Processing volumes de-grew by 11%YoY while export realisation grew by 15%YoY due to better region mix. Industry shrimp production is expected to drop by ~15%-20% in FY21 due to Covid-19 led disruptions but to improve in FY22. Relaxation in restrictions and improvement in farm-gate prices is encouraging farmers which along with AFL's increasing market share in Feed segment will support future volumes. We expect...

Avanti Feeds Ltd. is trading above all available SMAs

Avanti Feeds Ltd.

15 Sep 2020

913.65

1.02%

Avanti Feeds Ltd. - Quick Update - 15 September 2020

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Way2Wealth

1. The company recorded 12.6% YoY de-growth in consolidated sales on the back of 14.3% YoY and 4.4% YoY de-growth in shrimp feeds and shrimp processing business respectively in Q1FY21. Degrowth in shrimp feed was due to panic harvesting and non-availability of shrimp seed during Covid-19 led lockdown restriction. Avanti's shrimp feed and shrimp processing sales volume degrew YoY but improved...

Avanti Feeds Ltd. has gained 47.73% in the last 6 Months

Avanti Feeds Ltd.

11 Sep 2020

913.65

1.02%

Buy Avanti Feeds; target of Rs 565: Geojit

Moneycontrol

Geojit recommended is bullish on Avanti Feeds has recommended buy rating on the stock with a target price of Rs 565 in its research report dated September 11, 2020.

Avanti Feeds Ltd. has gained 47.73% in the last 6 Months

Avanti Feeds Ltd.

11 Sep 2020

913.65

1.02%

AVANTI FEEDS LTD

Buy: Avanti Feeds Ltd.

Target

Geojit BNP Paribas

Covid-19 impacts volumes but better than expected... Avanti Feeds Ltd (AFL), is a leading manufacturer of Shrimp Feeds with a capacity of 6,00,000 MT, and Shrimp Processor & Exporter with a capacity of...

Avanti Feeds Ltd. has gained 47.73% in the last 6 Months

Avanti Feeds Ltd.

18 Aug 2020

913.65

1.02%

Light House - A Quick Perspective - Avanti Feeds Ltd. - 18 August 2020

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Way2Wealth

Incorporated in 1993, Avanti Feeds Ltd (AFL) is a leading manufacturer of Shrimp Feeds and Shrimp Processor & Exporter. The company has a strong technical and marketing tie-up with the Thai Union Group Public Company Ltd (equity participation of ~25%), the world's largest seafood processors and leading manufacturer of prawn and fish feeds in Thailand. Company has 5 shrimp feed manufacturing units in India (4 in Andhra Pradesh & 1 in Gujarat), with feed manufacturing capacity of 6,00,000MT and shrimp processing capacity of 22,000MT and is now setting up a shrimp hatchery with a capacity of 400 million seeds in...

Avanti Feeds Ltd. has an average target of 796.00 from 2 brokers.

Avanti Feeds Ltd.

20 Jul 2020

913.65

1.02%

AVANTI FEEDS LTD

Buy: Avanti Feeds Ltd.

Recommendation Target

Geojit BNP Paribas

Strong growth in the quarter, Covid-19 to impact FY21E Avanti Feeds Ltd (AFL), is a leading manufacturer of Shrimp Feeds with a capacity of 6,00,000 MT, and Shrimp Processor & Exporter with a capacity of 22,000 MT. AFL has a tie-up with Thai Union Group, Thailand. We revise down our Target to Rs550 from Rs.700 earlier factoring...