Avanti Feeds Limited manufactures and sells shrimp feeds in India, Europe, the United States of America, Japan, Korea, China, Russia, Canada, and the Middle East. The company operates through Shrimp Feed, Shrimp Hatchery, and Power Generation segments. It provides shrimp feeds for aqua culture to grow shrimps, as well as offers hatchery which produces shrimp seeds to aqua farmers. Avanti Feeds Limited engages in generation and distribution of electricity. The company was incorporated in 1993 and is based in Hyderabad, India.
Revenue projections:
Revenue projections for AVANTIFEED AVANTIFEED is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
currentRatio
6.60500
forwardPE
17.17067
debtToEquity
0.47700
earningsGrowth
0.45900
revenueGrowth
0.07900
grossMargins
0.24024
operatingMargins
0.11715
trailingEps
38.83000
forwardEps
0.00000
AVANTIFEED's current ratio of 6.605 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects AVANTIFEED's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues. AVANTIFEED's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities.
Price projections:
Price projections for AVANTIFEED Avanti Feeds Limited's price has consistently hovered around the lower limit of price projections. This pattern suggests that the stock may be underperforming relative to expectations, which could lead to concerns among investors.
Recommendation changes over time:
Recommendations trend for AVANTIFEED
Recent analysis shows a strong buy bias for AVANTIFEED, encouraging investors to view it as a solid investment option. The positive sentiment surrounding AVANTIFEED suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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