Purchase Avanti Feeds, target rate Rs 469: Geojit Financial Services

Synopsis Avanti Feeds, integrated in the year 1993, is a Mid Cap business (having a market cap of Rs 5272.71 Crore) operating in Aquaculture sector.Getty ImagesPromoters held 43.28 percent stake in the business since 31-Mar-2023, while FIIs owned 12.71 percent, DIIs 9.54 per cent.Geojit Financial Services has purchase get in touch with Avanti Feeds with a target rate of Rs 469. The existing market value of Avanti Feeds is Rs 387.75. Period provided by expert is 12 months when Avanti Feeds rate can reach specified target. Avanti Feeds, included in the year 1993, is a Mid Cap business (having a market cap of Rs 5272.71 Crore) operating in Aquaculture sector. Avanti Feeds essential Products/Revenue Segments consist of Shrimps Feed, Shrimps Seed, Wind Mills, Other Sales, Export Incentives for the year ending 31-Mar-2022. Financials For the quarter ended 31-03-2023, the business has actually reported a Consolidated Total Income of Rs 1117.05 Crore, down -1.30 % from last quarter Total Income of Rs 1131.75 Crore and down -17.16 % from in 2015 exact same quarter Total Income of Rs 1348.47 Crore. Business has actually reported net revenue after tax of Rs 100.43 Crore in most current quarter. The business’s leading management consists of Mr.A Indra Kumar, Dr.R Karikal Valaven, Mr.J V Ramudu, Mrs.K Kiranmayee, Mr.N V D S Raju, Mr.Wai Yat Paco Lee, Mr.Bunluesak Sorajjakit, Mr.N Ram Prasad, Mr.A Venkata Sanjeev, Mr.C Ramachandra Rao, Mr.V
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