Avanti Feeds Ltd
NSE:AVANTIFEED
AVANTIFEED's latest stock split occurred on Jun 26, 2018
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
Before the split, AVANTIFEED traded at 1563.35 per share. Afterward, the share price was about 563.97.
The adjusted shares began trading on Jun 26, 2018. This was AVANTIFEED's 2nd stock split, following the previous one in Nov 26, 2015.
WTO
Avanti Feeds Ltd
Glance View
Avanti Feeds Ltd. is a manufacturer of shrimp feed, which engages in production and exports shrimp. The company is headquartered in Hyderabad, Telangana and currently employs 1,162 full-time employees. Its segments include Shrimp Feed, Processed Shrimp, Power, and Shrimp Hatchery. The shrimp feed is manufactured and marketed to the farmers, which is used in aqua culture to grow shrimp. The shrimps are purchased from the farmers and are further processed and exported to various countries. The company has installed over four mills of over 3.2 megawatts capacity at Chitradurga, Karnataka. The Power generated from windmills is sold to Bangalore Electricity Supply Company Limited (BESCOM) under power purchase agreement. The company has five shrimp feed manufacturing, two shrimp processing, a hatchery to produce shrimp larvae and a shrimp culture farm. Its products include raw shrimp, cooked shrimp, and value-added shrimp. Its value-added shrimps include marinated products, breaded products, skewers, and shrimp rings. The company provides its products to various market, such as Europe, Japan, Korea, China, Russia, Canada, and the Middle East.
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