682.2500 -6.15 (-0.89%)
NSE Sep 24, 2025 15:31 PM
Volume: 248.0K
 

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Avanti Feeds Ltd.
27 Nov 2020
682.25
-0.89%
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. has lost -26.95% in the last 6 Months
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