/ Positive Q4 Results : Avanti Feeds Stock Extends Gains ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 16 May 2017


Avanti Feeds Limited from the Foods sector is buzzing on the bourses in the Tuesday’s trading session. The company has recently come up with the financial results for the quarter ended March 31, 2017.

Investors have been cheering the good quarterly results. The stock has attracted the huge trading volume of 2,33,067 shares and traded value of Rs 27.30 Cr.

The stock has touched its fresh 52-week high of Rs 1223.9 per share up by 13% in the first half of the Tuesday’s trade.

The net profit of Avanti Feeds Limited increased by 168.59% to Rs 83.88 Cr in the quarter ended March 2017 as against Rs 31.23 Cr during the previous quarter ended March 2016.

The sales of the company increased by 50.80% to Rs 699.30 Cr in the quarter ended March 2017 as against Rs 463.73 Cr during the previous quarter ended March 2016.

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