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Avanti Feeds inches up on working on multi-pronged strategy to maintain growth Avanti Feeds is currently trading at Rs. 439.25, up by 1.45 points or 0.33% from its previous closing of Rs. 437.80 on the BSE. The scrip opened at Rs. 443.65 and has touched a high and low of Rs. 443.65 and Rs. 436.35 respectively. So far 3888 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 527.95 on 16-Sep-2022 and a 52 week low of Rs. 321.15 on 28-Mar-2023. Last one week high and low of the scrip stood at Rs....
Avanti Feeds inches up on working on multi-pronged strategy to maintain growth
Avanti Feeds inches up on working on multi-pronged strategy to maintain growth
Source: Accord Fintech
6/09/2023 10:02:36 AM
Avanti Feeds rises on incorporating subsidiary company in Telangana Avanti Feeds is currently trading at Rs. 408.10, up by 5.20 points or 1.29% from its previous closing of Rs. 402.90 on the BSE. The scrip opened at Rs. 412.05 and has touched a high and low of Rs. 417.20 and Rs. 406.70 respectively. So far 18239 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 527.95 on 16-Sep-2022 and a 52 week low of Rs. 321.15 on 28-Mar-2023. Last one week high and low of the scrip stood at Rs...
Avanti Feeds rises on incorporating subsidiary company in Telangana
Avanti Feeds rises on incorporating subsidiary company in Telangana
Source: Accord Fintech
19/07/2023 11:03:06 AM
Avanti Feeds spurts on getting nod to incorporate subsidiary company Avanti Feeds is currently trading at Rs. 417.00, up by 11.05 points or 2.72% from its previous closing of Rs. 405.95 on the BSE. The scrip opened at Rs. 405.95 and has touched a high and low of Rs. 422.40 and Rs. 405.95 respectively. So far 52691 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 527.95 on 16-Sep-2022 and a 52 week low of Rs. 321.15 on 28-Mar-2023. Last one week high and low of the scrip stood at R...
Avanti Feeds spurts on getting nod to incorporate subsidiary company
Avanti Feeds spurts on getting nod to incorporate subsidiary company
Source: Accord Fintech
13/07/2023 11:20:32 AM
Small Cap Buy Avanti Feeds Ltd For Target Rs. 469 - Geojit Financial Services Margin improves as input prices stabilise Avanti Feeds Ltd. (AFL) is a leading manufacturer of shrimp feeds with a capacity of 7,75,000 MT and a shrimp processor & exporter with a capacity of 22,000 MT. AFL has a tie-up with Thai Union Group, Thailand. • 2,000 MT. AFL has a tie-up with Thai Union Group, Thailand. • We revise our target price to Rs. 469 (from Rs. 420) and maintain BUY rating factoring in improvement in margins. • Revenue declined by 18%YoY, mainl...
Small Cap Buy Avanti Feeds Ltd For Target Rs. 469 - Geojit Financial Services
Small Cap Buy Avanti Feeds Ltd For Target Rs. 469 - Geojit Financial Services
Source: Geojit Financial Services Ltd
16/06/2023 1:30:53 PM
Small Cap Buy Avanti Feeds Ltd For Target Rs. 420 - Geojit Financial Services Capacity expanded…margin gradually improves. Avanti Feeds Ltd. (AFL) is a leading manufacturer of shrimp feeds with a capacity of 7,75,000 MT and a 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 Rs. 420 (Rs. 548) due to current demand slowdown and higher input prices but upgrade to BUY rating factoring gradual improvement in margins and attractive valuation. * Revenue grew by 3%YoY...
Small Cap Buy Avanti Feeds Ltd For Target Rs. 420 - Geojit Financial Services
Small Cap Buy Avanti Feeds Ltd For Target Rs. 420 - Geojit Financial Services
Source: Geojit Financial Services
1/04/2023 2:45:53 PM
Avanti Feeds gains on commencing commercial production at new Feed Plant in Andhra Pradesh Avanti Feeds is currently trading at Rs. 404.50, up by 7.50 points or 1.89% from its previous closing of Rs. 397.00 on the BSE. The scrip opened at Rs. 404.00 and has touched a high and low of Rs. 408.60 and Rs. 402.30 respectively. So far 12940 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 638.00 on 25-Jan-2022 and a 52 week low of Rs. 363.95 on 24-Nov-2022. Last one week high and low of the scrip stood at Rs...
Avanti Feeds gains on commencing commercial production at new Feed Plant in Andhra Pradesh
Avanti Feeds gains on commencing commercial production at new Feed Plant in Andhra Pradesh
Source: Accord Fintech
5/12/2022 11:24:48 AM
Add Avanti Feeds Ltd For Target Rs. 510- ICICI Securities Correction in commodity cost stabilizes margins Led by strong growth in the processed shrimp segment (up 55% YoY), Avanti feeds reported revenue growth of 11.4% YoY during the quarter. Key takeaways: (1) EBITDA margin was largely stable YoY, despite improvement in gross margin (79bps YoY); we believe correction in soy meal and fish meal prices were chief reasons and (2) all segments reported growth YoY, ex-shrimp hatchery with improving demand with re-opening up of economy. We believe revi...
Add Avanti Feeds Ltd For Target Rs. 510- ICICI Securities
Add Avanti Feeds Ltd For Target Rs. 510- ICICI Securities
Source: ICICI Securities Ltd
28/08/2022 10:32:45 AM
Small Cap: Buy Avanti Feeds Ltd For Target Rs. 535 - Geojit Financial Services Positive demand outlook, cost inflation impacts margin 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 revised down our Target to Rs.535 (earlier Rs. 620) but upgrade to Buy (from Accumulate) factoring positive demand outlook and attractive valuation Q3FY22 revenue grew by 17%YoY aided by growth in both Feed (18%YoY) &...
Small Cap: Buy Avanti Feeds Ltd For Target Rs. 535 - Geojit Financial Services
Small Cap: Buy Avanti Feeds Ltd For Target Rs. 535 - Geojit Financial Services
Source: Geojit Financial Services Ltd
11/03/2022 12:45:40 PM
LKP Spade, Weekly Pick - Buy Avanti Feeds Ltd For Target Rs. 675 - LKP Securities * Stock retested its previous breakout zone and trying to move northwards. * Prices are well trading above ichimoku clouds which suggest immediate trend is up. * At previous breakout strong volume seen which shows strength of breakout. Buy Avanti Feeds Ltd @ 630-635 TGT 675 Stop Loss Below Rs. 600 CB Duration 1 Week   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at www.lkpsec.com/#foo ...
LKP Spade, Weekly Pick - Buy Avanti Feeds Ltd For Target Rs. 675 - LKP Securities
LKP Spade, Weekly Pick - Buy Avanti Feeds Ltd For Target Rs. 675 - LKP Securities
Source: LKP Securities Ltd
26/07/2021 10:51:51 AM
Buy Avanti Feeds Ltd For Target Rs. 650 - ICICI Securities Higher shrimp feed sales augur well for shrimp exports Takeaways from Q4FY21: (1) Likely reduction in shrimp off-take by HoReCa sector in key market of USA impacted Processed shrimp segment. It reported revenue decline of 22.8% YoY, (2) Shrimp feed reported 15.2% revenue growth indicating strong cultivation of shrimps which augurs well for FY22. We believe Avanti is well poised to gain market shares in shrimp feed from smaller exporters and (3) with higher input prices, there wil...
Buy Avanti Feeds Ltd For Target Rs. 650 - ICICI Securities
Buy Avanti Feeds Ltd For Target Rs. 650 - ICICI Securities
Source: ICICI Securities
16/07/2021 10:34:59 AM
Avanti Feeds Ltd : Revival in shrimp prices; Upgrade to BUY - ICICI Securities Buy Avanti Feeds Ltd For Target Rs.560 Revival in shrimp prices; Upgrade to BUY We upgrade Avanti to BUY as (1) revival in shrimp prices in its key market, USA augurs well for shrimp processing/feed business. Higher shrimp prices result in better profitability of all players in shrimp value chain, (2) the increase in customs duty on shrimp feed from 5% to 15% in Budget in Feb’21 will benefit domestic feed manufacturers and (3) due to steep volatility in shrimp prices and profita...
Avanti Feeds Ltd : Revival in shrimp prices; Upgrade to BUY - ICICI Securities
Avanti Feeds Ltd : Revival in shrimp prices; Upgrade to BUY - ICICI Securities
Source: ICICI Securities Ltd
30/03/2021 9:40:10 AM
Add Avanti Feeds Ltd For Target Rs. 560 - ICICI Securities Muted off-take but lower input prices lift margins Takeaways from Q3FY21: (1) There is reduction in shrimp off-take in key market of USA which impacted Processed shrimp segment. It reported revenue decline of 9.8% YoY, (2) Shrimp feed reported 2.9% revenue growth. We believe Avanti is well poised to gain market shares in shrimp feed from smaller players and (3) With stability in input prices and selective price hikes, the EBITDA margin is likely to stabilize ~12.5% in FY21-22 (FY20: 11%). ...
Add Avanti Feeds Ltd For Target Rs. 560 - ICICI Securities
Add Avanti Feeds Ltd For Target Rs. 560 - ICICI Securities
Source: ICICI Securities
23/02/2021 9:34:24 AM