Avanti Feeds

Avanti Feeds Stock Analysis

On the way to breakout.

Current Price:  ₹482.40 (As on 18-Aug-2020)

Resistance: 512.65

Support: 426.30

Avanti Feeds
Daily Chart BULLISH

Buy AVANTIFEED Around 480 – 515 for the Target of Rs. 685.

Stoploss Rs. 460

Hodling period should be 20-30 days



Technical analysis

MOVING AVERAGES

NameAction
Exponential Moving Average (5)Bullish
Simple Moving Average (5)Bullish
Exponential Moving Average (10)Bullish
Simple Moving Average (10)Bullish
Exponential Moving Average (20)Bullish
Simple Moving Average (20)Bullish
Exponential Moving Average (30)Bullish
Simple Moving Average (30)Bullish
Exponential Moving Average (50)Bullish
Simple Moving Average (50)Bullish
Exponential Moving Average (100)Bullish
Simple Moving Average (100)Bullish
Exponential Moving Average (200)Bullish
Simple Moving Average (200)Bullish

OSCILLATORS

NameAction
Relative Strength Index (14)Neutral
Stochastic %K (14, 3, 3)Neutral
Commodity Channel Index (20)Neutral
Average Directional Index (14)Neutral
Awesome OscillatorNeutral
Momentum (10)Sell
MACD Level (12, 26)Sell
Stochastic RSI Fast (3, 3, 14, 14)Neutral
Williams Percent Range (14)Neutral
Bull Bear PowerNeutral


Current Price: ₹480.45Stock P/E: 18.89Book Value:  ₹103.03
Market Cap:  ₹6,546 Cr.ROE: 26.55 %Dividend Yield: 1.06 %
52 weeks High: ₹770.00ROCE: 37.17 %Sales Growth (3Yrs): 16.31 %
52 weeks Low: ₹250.00Face Value:  ₹1.00

Quarterly Results Standalone

QuarterlyMAR 2020DEC 2019SEP 2019JUN 2019MAR 2019
Sales764.76657.68832.91907.22662.25
Other Income13.3815.8416.9114.5013.26
Total Income778.14673.52849.82921.72675.51
Total Expenditure681.63630.71733.40799.85594.56
EBIT96.5142.80116.41121.8580.94
Interest0.580.180.150.300.55
Tax26.6711.2011.0541.4724.64
Net Profit69.2631.42105.2180.0855.75

Strengths

Growth in Net Profit with increasing Profit Margin (QoQ)Company has been maintaining a healthy dividend payout of 20.60%
Company with Zero Promoter PledgeCompany with Low Debt

Weaknesses



Share Holding Pattern in (%)

StandaloneMarch 2020September 2019June 2019March 2019
Promoters43.6943.7243.7643.76
Pledged0000
FII/FPI17.8313.9313.713.42
Total DII23.342524.8925.49
Fin.Insts0.080.070.150.11
Insurance Co0000
MF1.811.71.311.88
Others DIIs21.4523.2323.4323.5
Others15.1417.3417.6617.32
Total10099.99100.0199.99

About: Avanti Feeds Ltd.


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(*Note:- The recommendation are based on technical analysis. There is a risk of loss.)

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