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The announcement was made after market hours yesterday, 27 March 2018.
Meanwhile, the S&P BSE Sensex was down 163.99 points or 0.49% at 33,010.40. The S&P BSE Mid-Cap index was down 25.04 points or 0.16% at 16,023.29.
On the BSE, 9,067 shares were traded on the counter so far as against the average daily volumes of 13,000 shares in the past one quarter. The stock had hit a high of Rs 2,256 and a low of Rs 2,189.70 so far during the day. The stock had hit a record high of Rs 3,000 on 13 November 2017 and a 52-week low of Rs 700 on 27 March 2017.
The mid-cap company has equity capital of Rs 9.08 crore. Face value per share is Rs 2.
Avanti Feeds said that commercial production of the additional capacity of 1,75,000 MT of shrimp feed plant at Bandapuram, West Godavari District, Andhra Pradesh was commenced on 19 March 2018.
On a consolidated basis, Avanti Feeds' net profit jumped 128.31% to Rs 105.07 crore on 33.82% rise in total income to Rs 722.61 crore in Q3 December 2017 over Q3 December 2016.
Avanti Feeds is the leading manufacturer of prawn and fish feeds and shrimp processor and exporter from India.
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