Mumbai, October 23 (Udaipur Kiran): Shares of Avanti Feeds surged over 5 percent in Wednesday’s trade after the company announced the incorporation of a wholly owned subsidiary in the Netherlands, marking its expansion into the European seafood market.
The new subsidiary, named Sealuxe B.V., was incorporated on October 20, 2025, in the Netherlands and is proposed to engage in the seafood business, aligning with Avanti Feeds’ core operations in aquaculture and exports.
On the BSE, the stock opened at ₹748.00 and touched an intraday high of ₹749.00 and a low of ₹722.15 before trading at ₹729.55, up ₹37.80 or 5.46% from its previous close of ₹691.75. A total of 1,17,020 shares changed hands during the session.
The company’s market capitalisation currently stands at ₹9,894.16 crore. The scrip’s 52-week high is ₹965.00 (March 24, 2025), while the 52-week low is ₹541.60 (October 28, 2024). Over the past week, the stock has moved between ₹663.05 and ₹749.00.
Promoters hold 43.23% of the company’s equity, while institutions and non-institutional investors own 13.89% and 42.88%, respectively.
Avanti Feeds Limited is India’s leading manufacturer of prawn and fish feeds and a prominent shrimp processor and exporter. The move to establish a presence in Europe reflects the company’s strategy to enhance its global footprint and strengthen its position in the international seafood market.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
