Poultry stocks in focus amid reports of avian influenza outbreak

Street worried that the spread of the disease will impact near-term demand for companies like Venky's and Godrej Agrovet

Topics
poultry | Bird Flu | Poultry firms

Yash Upadhyaya 

Shares of poultry breeder Venky’s India and feed producer Godrej Agrovet fell as much as 7 per cent and 2 per cent in the last three trading sessions (even as Sensex was flat) amidst reports of fresh concerns over the outbreak of avian influenza, also known as bird flu.

Earlier this week, the Ministry of Fisheries, Animal Husbandry and Dairying confirmed that bird flu cases have been reported from Rajasthan, Madhya Pradesh, Himachal Pradesh, and Kerala. Consequently, state governments and concerned ministries have been proactively taking steps to curb the spread of the ...

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First Published: Thu, January 07 2021. 17:49 IST
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