If you go through concalls of both Avanti feeds and Apex frozen, there is clear cut articulation that both managements expect FY 23 to be a year which is better than FY 22. However I do not consider these companies to be structural growth stories. Both are susceptible to vagaries of demand /supply and the duty structures in the US markets. Plus the all important input prices.
Kaveri seeds has been struggling to show meaningful consistent growth. They keep doing buybacks regularly which keeps folks excited, but ever since it went into corrective mode post its stellar rally where it went up multifold, it has never had any meaningful rally.
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