Avanti Feeds Stock Skyrockets to All-Time High Amid Bullish Momentum
Shares of shrimp manufacturer Avanti Feeds continued their remarkable ascent on Thursday, February 12, surging an impressive 17% to reach an unprecedented high of Rs1,395 per share. This marked the fourth consecutive session of gains, defying the broader market's range-bound trading pattern as investors remained intensely focused on the stock.
Strong December Quarter Performance Fuels Investor Confidence
The company's robust financial results, announced during market hours on Wednesday, provided significant impetus to the rally. Avanti Feeds reported a consolidated net profit of ₹163 crore for the December quarter, representing a substantial 15.6% increase from ₹141 crore in the same period last year. Consolidated revenue from operations also climbed to ₹1,384 crore, up from ₹1,366 crore in the year-ago quarter.
Earnings before interest, tax, depreciation, and amortization (EBITDA) showed healthy growth, rising 9.4% to ₹176 crore from ₹160.8 crore in the third quarter of the previous fiscal year. Perhaps even more noteworthy was the expansion in margins, which increased by 500 basis points year-on-year to reach 12.7%.
US-India Trade Deal Provides Major Relief to Aquaculture Sector
Earlier this month, the stock attracted substantial buying interest following the announcement of an interim trade agreement between the United States and India. This landmark deal reduced tariffs on Indian exports from 50% to 18%, offering significant relief to export-heavy industries including the aquaculture sector.
The timing of this development proved particularly crucial for the Indian shrimp industry, which had been severely impacted by higher US tariffs in FY25. With nearly 48% of India's shrimp exports directed to the US market, the previous tariff regime had led to paused contracts, price declines at the farm-gate level, and approximately ₹2,000 crore worth of inventory being stranded or rerouted.
This interim agreement arrives concurrently with another significant development—the conclusion of a long-awaited free trade agreement (FTA) between India and the European Union in January, further enhancing export prospects for Indian companies.
Impressive Historical Performance and Current Momentum
Amid these multiple positive developments, Avanti Feeds share price has delivered extraordinary returns. The stock has gained an astonishing 70% in February alone, marking its biggest monthly gain in recent history. Looking at yearly performance, the stock closed CY25 with a 22% rise, recording its third consecutive year of positive returns.
The long-term performance metrics are equally impressive. Cumulatively, the stock has delivered a remarkable 244% return over the last three years and 165% over the past five years, establishing itself as a standout performer in the market.
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