Name: Latest research reports of Avanti Feeds Ltd. authored by Geojit BNP Paribas and published by - Trendlyne research reports.
Item: Avanti Feeds Ltd.
Rating: 5
Author: Geojit BNP Paribas

Avanti Feeds Ltd.

NSE: AVANTIFEED | BSE: 512573 | ISIN: INE871C01038 | Industry: Other Food & Beverages
| Strong Performer, Getting Expensive

923.9500 -8.05 (-0.86%)

NSE Mar 25, 2025 15:31 PM

New 52W High in past week

Volume: 925.9K

Avanti Feeds Ltd.

27 Nov 2020

923.95

-0.86%

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