Price To Earnings Ratio 23.33 | Sector PE 64.85 |
PB Ratio 3.52 | Sector PB 14.76 |
EPS 26.21 | Dividend Yield 1.39 |
Today's Volume 400.830 K | 5 Day Avg. Volume 1.326 M |
PEG Ratio 0.83 | Market Cap. ₹ 8,440.00 Cr. |
Avanti Feeds Limited is an integrated seafood manufacturing company. Its segments include shrimp feed, processed shrimp, power and shrimp hatchery. Shrimp feed is produced and marketed to farmers and used in aquaculture to grow shrimp. Prawns are bought from farmers, further processed and exported to different countries. It installed more than four plants of more than 3.2 MW in Chitradurga, Karnataka. The electricity generated by the wind turbines is sold to Bangalore Electricity Supply Company Limited (BESCOM) under a power purchase agreement. It has five shrimp feed production units, two shrimp processing plants, a shrimp hatchery and a shrimp farm. Its products include raw shrimp, cooked shrimp and additional shrimp. This value-added shrimp includes pickled products, bread products, embroideries and shrimp rings. It supplies its products to various markets such as Europe, Japan, Korea, China, Russia, Canada and the Middle East.