AV

Avanti Feeds LtdNSE AVANTIFEED Stock Report

Last reporting period 31 Mar, 2024

Updated 08 Nov, 2024

Last price

Market cap $B

0.696

Micro

Exchange

XNSE - National Stock Exchange Of India

AVANTIFEED.NS Stock Analysis

AV

Neutral

Based on Eyestock quantitative analysis, AVANTIFEED.NS`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

87/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-17.8 %

Overvalued

Market cap $B

0.696

Dividend yield

1.84 %

Shares outstanding

136.25 B

Avanti Feeds Ltd. is a manufacturer of shrimp feed, which engages in production and exports shrimp. The company is headquartered in Hyderabad, Telangana and currently employs 1,357 full-time employees. 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. The company 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. The company 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. The company provides its products to various markets, such as Europe, Japan, Korea, China, Russia, Canada, and the Middle East.

View Section: Eyestock Rating