Avanti Feeds Ltd commences commercial production at new Feed unit

Avanti Feeds Limited has successfully commenced commercial production at new Feed Manufacturing plant situated at Bandapuram, Andhra Pradesh with effect from December 03, 2022, with an estimated total cost of Rs. 125 crores.

The company has expanded operations at its existing plant situated at Andhra Pradesh; through an additional capacity of 1,75,000 MTs. The total production capacity (all units) of the company has been increased from 6,00,000 MTs to 7,75,000 MTs.

Shares of Avanti Feeds Limited was last trading in BSE at Rs. 397.00 as compared to the previous close of Rs. 387.35. The total number of shares traded during the day was 26718 in over 1479 trades.

The stock hit an intraday high of Rs. 400.95 and intraday low of 385.85. The net turnover during the day was Rs. 10568241.00.

Source : Equity Bulls

Keywords

AvantiFeeds INE871C01038 CommercialProduction FeedManufacturingPlant Bandapuram