Multiple change: Despite the sharp decline in the Indian stock market, the unaffected stock is the Avanti Feed. It turns out that the stock is creating the wealth of machines for its long-term investors by providing multiple returns.
Let’s take a look at the Avanti collection’s share price history. Over the past 15 years, Avanti Feeds stocks have been from ₹1.52 to ₹Currently, after the price adjustment of the stock after custody in 2018, there are currently 830 copies, which can be reimbursed 54,505%.
With this in mind, ₹The 100,000 million stocks that were manufactured 15 years ago and held over time will greatly increase to ₹54,600. This could have been more, but when we were doing this calculation, we did not receive late benefits as Avanti Feeds issued bonus shares at a ratio of 1:2 on June 20, 2018.
Avanti feed stock moves
Avanti Feeds shares rose more than 2.97% in Monday’s trade ₹842 on the Mumbai Stock Exchange (BSE).
Avanti Feeds stock has long grown by more than 161% over the past five years. The stock has risen as much as 58.46% over the past year.
The stock also attracts short-term investors. Avanti Feeds shares have risen more than 19% in six months. Meanwhile, it acquired nearly 11% of its shares in a month.
As for year-to-date (YTD), the stock soared 22.44%, from ₹670.65 to the current market price.
Avanti proposes financial overview
Avanti Feeds reported net profit growth of 86.5% year-on-year, reaching ₹1.352 million in the quarter ended December 2024, driven by higher profits and improved operational efficiency.
Revenue increased by 9% ₹1,365 crore, supported by stable demand for its shrimp feed and seafood export business.
In the third quarter, combined revenues rose 9% year-on-year, and feed portions rose 14%. Although shrimp exports fell by 4%, the impact was offset by increased shrimp prices and favorable foreign exchange rates.
Operationally, Avanti feeding EBITDA soared 65.4% ₹1.604 million, while its profit margin significantly expanded to 11.7% in the quarter, driven by cost efficiency and improved realization.
Avanti Feeds is an outstanding producer of shrimp feed with a manufacturing capacity of 7,75,000 tons and a shrimp processing and export operation processing of 29,000 tons. The company offers multiple international markets including Europe, Japan, South Korea, China, Russia, Canada and the Middle East. It has a strategic partnership with Thailand’s Thai Union Group and continues to thrive due to strong global demand.
Disclaimer: This story is for educational purposes only. The above views and suggestions are those of an individual analyst or brokerage firm, not mint. We recommend that investors contact certified experts before making any investment decisions.
