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Amidst market turbulence, Avanti Feeds is quietly making new 52-week highs. The company has long dominated India's shrimp feed industry, navigating an essential but unpredictable business that thrives on the fortunes of shrimp exports. When global prices rise, shrimp farming flourishes, boosting feed demand. But when prices crash, as they did in recent years due to Ecuador flooding the market, the entire ecosystem suffers.
This article was originally published on March 22, 2025.