Avanti Feeds Limited

AVANTIFEED

INE871C01038

Fishing & Farming

Market Closed - Bombay S.E. Other stock markets 06:00:48 2024-04-24 am EDT			5-day change	1st Jan Change
527.7 ^INR	+0.62%		+5.56%	+25.76%

Apr. 05	Avanti Feeds Unit Begins Trial Production at New Shrimp Processing Unit	MT
Mar. 14	Mukka Proteins Bags INR152.5 Million Fish Oil Order from Avanti Feeds	MT

Avanti Feeds Limited Recommends Dividend for the year 2021-22

July 15, 2022 at 10:37 am EDT

Avanti Feeds Limited announced dividend on equity shares of INR 1 each fully paid-up, recommended by the Board of Directors for the financial year for the year 2021-22, if declared, at the AGM.

Latest news about Avanti Feeds Limited

Avanti Feeds Unit Begins Trial Production at New Shrimp Processing Unit	Apr. 04	MT
Mukka Proteins Bags INR152.5 Million Fish Oil Order from Avanti Feeds	Mar. 14	MT
Transcript : Avanti Feeds Limited, Q3 2024 Earnings Call, Feb 14, 2024	Feb. 14
Avanti Feeds Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 05	CI
Transcript : Avanti Feeds Limited, Q2 2024 Earnings Call, Nov 18, 2023	Nov. 18
Avanti Feeds Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	Nov. 07	CI
Avanti Feeds Limited Announces Board Changes	23-09-25	CI
Transcript : Avanti Feeds Limited, Q1 2024 Earnings Call, Aug 22, 2023	23-08-22
Avanti Feeds Limited Declares Dividend for the Fiscal Year 2023	23-08-11	CI
Avanti Feeds Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-10	CI
Avanti Feeds to Form New Unit	23-07-12	MT
Avanti Feeds Limited Announces Intimation of Incorporation of Subsidiary Company	23-07-12	CI
Transcript : Avanti Feeds Limited, Q4 2023 Earnings Call, May 31, 2023	23-05-31
Avanti Feeds Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023	23-05-24	CI
Avanti Feeds Limited Recommends Dividend for the Financial Year Ended March 31, 2023	23-05-24	CI
Avanti Feeds Limited completed the acquisition of 50.1% stake in Srivathsa Power Projects Pvt Ltd from Asia Infrastructure Pte. Ltd, A. Indra Kumar,C. Ramachandra Rao,K. Rama Mohana Rao, A. Venkata Sanjeev and D. Rathnavathi for INR 38.41 million.	23-03-27	CI
Transcript : Avanti Feeds Limited, Q3 2023 Earnings Call, Feb 22, 2023	23-02-22
Avanti Feeds Limited Appoints Peerasak Boonmechote as Additional Director	23-02-20	CI
Avanti Feeds Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022	23-02-11	CI
Avanti Feeds Limited Appoints G Sudarsan Babu as Nominee Director	23-02-11	CI
Avanti Feeds Limited Announces Change in Directorate	23-02-07	CI
Indian shares rise on personal tax boost, yields fall after govt ups gross borrowing	23-02-01	RE
Indian shares rise on personal tax boost, yields fall on borrowing plan	23-02-01	RE
Avanti Feeds Begins Commercial Production at New Feed Manufacturing Unit	22-12-04	MT
Avanti Feeds Limited Announces Intimation of Commencement of Commercial Production of New Feed Plant	22-12-03	CI

Avanti Feeds Limited is an integrated seafood company. Its segments include Shrimp Feed, Processed Shrimp, Power, and Shrimp Hatchery. The shrimp feed is manufactured and marketed to farmers, which is used in aqua culture to grow shrimp. The shrimps are purchased from the farmers and are further processed and exported to various countries. It has installed over four mills of over 3.2 megawatts capacity at Chitradurga, Karnataka. The power generated from windmills is sold to Bangalore Electricity Supply Company Limited (BESCOM) under a power purchase agreement. It has five shrimp feed manufacturing units, two shrimp processing units, a hatchery to produce shrimp larvae and a shrimp culture farm. Its products include raw shrimp, cooked shrimp, and value-added shrimp. Its value-added shrimps include marinated products, breaded products, skewers, and shrimp rings. It provides its products to various markets, such as Europe, Japan, Korea, China, Russia, Canada, and the Middle East.

Sector

Fishing & Farming

Calendar

2024-05-29 - Q4 2024 Earnings Release (Projected)

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Ratings for Avanti Feeds Limited

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

527.7 INR

Average target price

519.7 INR

Spread / Average Target

-1.52%

Consensus

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Estimates Revisions

Quarterly earnings - Rate of surprise

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