Avanti Feeds

Is something going to change for better for shrimp sector?
Avanti has been holding strong in this carnage and seems to be heading for breakout?

Or just a pre-budget move/false move like in past.

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Delivery volumes are pathetic though

Good days coming ahead for aquaculture cos.

The FM announced that the government will bring an enabling framework for sustaining the harvest of the fisheries sector in exclusive economic zones and high seas.

Source

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shrimp company are coming up with ex results. Zeal aqua came with superb results today. I am sure Avanti too would come with bumper results. this should give enough cash flow to avanti to scale its pet food business

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A matter of concern

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Impressive result except for the revenue growth

Result PDF

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Esp that peers continue to post very poor nos…some are in losses. Shows how strong/high quality is their business

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