Avanti Feeds soars on incorporating wholly owned subsidiary in Netherlands
Avanti Feeds is currently trading at Rs. 729.55, up by 37.80 points or 5.46% from its previous closing of Rs. 691.75 on the BSE.
The scrip opened at Rs. 748.00 and has touched a high and low of Rs. 749.00 and Rs. 722.15 respectively. So far 117020 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 965.00 on 24-Mar-2025 and a 52 week low of Rs. 541.60 on 28-Oct-2024.
Last one week high and low of the scrip stood at Rs. 749.00 and Rs. 663.05 respectively. The current market cap of the company is Rs. 9894.16 crore.
The promoters holding in the company stood at 43.23%, while Institutions and Non-Institutions held 13.89% and 42.88% respectively.
Avanti Feeds has incorporated a wholly owned subsidiary company in the name of ‘Sealuxe B.V.’ on October 20, 2025, in the Netherlands, European Union. The newly incorporated entity is proposed to be engaged in Seafood Business.
Avanti Feeds is the leading manufacturer of Prawn and Fish Feeds and Shrimp Processor and Exporter from India.
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