AVANTIFEED

Avanti Feeds, a substantial ₹10,000 crore player in the shrimp industry, primarily exports to the USA and Europe. While direct budget benefits are limited, it anticipates an indirect tailwind from broader export/import policies. Its valuation, a PE of 17 and a PB ratio near historical lows, certainly hints at untapped potential, possibly a lingering effect from past US market challenges. Management is prudently focusing on capital working and investments. Interestingly, despite some recent promoter stake reduction, renewed interest from FIIs and DIIs, coupled with declining public shareholding, suggests smart money is finding value here, potentially signaling a turnaround.