Avanti Feeds an export oriented unit basically into shrimp business has the major stake of around 43% (holding wise) with others to the tune of around 25%. With market capitalization of around 1800 cr, it is enjoying good NOP, operating profit margin and ROE of 57% against 47% posted for previous qr. With respectable PE when compared with other players, it has the EPS of 32 with virtually no debt. A defensive stock with dividend payout of 275% on FV of Rs.2/-, its fair value of anywhere between 450 - 500 in improved market conditions.
One should keep this stock under active radar.