Avanti Feeds shares in focus as PM Modi reviews fisheries sector roadmap
Shares of Avanti Feeds Ltd. jumped 2.26% to ₹886 on Wednesday after Prime Minister Narendra Modi chaired a high-level meeting to review the progress and future plans of the fisheries sector, with a particular focus on deep sea fishing and seafood exports.
🚨 BREAKING: PM Modi Reviews Fisheries Sector – Focus on Deep Sea Fishing & Seafood Exports 🚨
Prime Minister Narendra Modi chaired a high-level meeting today to review the progress and future roadmap of the Fisheries sector, with a special emphasis on Deep Sea Fishing and… pic.twitter.com/fLQ67YN8b2
— Jan Ki Baat (@jankibaat1) May 15, 2025
The stock touched an intraday high of ₹892.45 on the NSE, reflecting renewed investor confidence in companies aligned with India's aquaculture and marine export goals. The meeting is seen as a policy tailwind for shrimp feed and aquaculture firms like Avanti Feeds.
The company currently holds a market cap of ₹120.57 billion, trades at a P/E of 25.09, and offers a dividend yield of 0.76%. It has gained steadily amid expectations of long-term benefits from the government's push for modernized marine infrastructure and export competitiveness.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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