Avanti Feeds reported a 39.6% YoY rise in Q4 net profit to Rs 157 crore, driven by improved margins and steady revenue growth. EBITDA jumped 36.4%, with margins improving to 12.76%. The board proposed a Rs 9 final dividend. Despite recent gains, the stock trades below its target price, with analysts maintaining a ‘Buy’ rating.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets