Heavy Volume In Avanti Feeds, Stock At 52-Week High

Avanti Feeds was buzzing on the bourses with heavy volumes trading in the stock. The stock has touched its fresh 52-week high of Rs 1,629.95 per share, up by Rs 141.55 per share or 9.5%.

The 24th annual general meeting of the company is scheduled on Saturday, August 12, 2017.

The total traded volume stood at 2,30,125 shares and traded value of Rs 36.49 crore as of 1121 hours on Wednesday. The stock has gained nearly 200% in the past one year. The stock has gained momentum in the first half of 2017.

Avanti Feeds Limited is a manufacturer of prawn and fish feeds, and shrimp processor and exporter. The company's principal products/services are shrimp feed and processed shrimp. Its segments are shrimp Feed and Wind Mills. It manufactures shrimp feed and markets it to farmers, which is used in aqua culture to grow shrimp.

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