Cost surges...margins will normalise led by price hike 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 our Target Price to Rs700 (from Rs520 earlier) with Accumulate rating Revenue grew by 10.5%YoY in Q3FY20 aided by growth in volumes EBITDA margin fell sharply by 620bps YoY to 6.9% mainly due to...