After Burger, Pizza, Biryani, Barbeque
🍔 🍕 🥘 🫕
Its time for Shrimps!! 🍤🍤🍤
Aquaculture stocks come in focus
Time for a thread 🧵🧵🧵
#StockMarket #StocksToWatch
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Triggers
🍤Shrimp feed has seen a good global demand
🍤Exports are expected to be better
🍤Rise in shrimp prices due to foreign demand
🍤Market share gains expected for larger players
Triggers
🍤More sporting events, Dubai expo 2020, opening of Europe remain key monitorables
🍤Rates for the tax refund scheme for exporters -- Remission of Duties and Taxes on Exported Products (RoDTEP) -- are expected to be announced in coming weeks. For shrimp exporters.
Avanti Feeds
🍤During FY21 the Company has maintained its
market share of 45% to 48%
🍤Stable market gate prices
🍤All ears on July 3 analyst meet at 4pm
🍤Biggest aquaculture stock in terms of market cap
🍤Certain consignments have been called back from US recently
Apex Frozen Foods
🍤Navodya Enterprises has bought 2 lakh equity shares on July 1
🍤Unit II to start production soon
🍤Value added ready to eat products seeing good reception
🍤Easing of transportation has aided volume growth for Q4FY21